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Loan Modification

: The Truth About Mortgage.com

HUD Going After FHA Lenders with High Claim Rates

By scot184

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Subpoenas have been served to 15 mortgage companies throughout the country with ?significant claim rates? against the FHA mortgage insurance program. HUD wants the companies to provide documentation and data related to the large number of failed loans that resulted in claims being paid out by the FHA mortgage insurance fund, which as we all know, [...]

Full post as published by The Truth About Mortgage.com on January 12, 2010 (boomark / email).

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