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Home » FHA Mortgagee Review Board to Get New Powers
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FHA Mortgagee Review Board to Get New Powers

May 8, 2009
On the heels of a substantial round of disciplinary actions against lenders, the Department of Housing and Urban Development’s Mortgagee Review Board could get expanded options and stronger powers to police problem lending practices at the FHA. Senate bill S. 896, which passed by an overwhelming majority this week, contains several provisions that strengthen the MRB’s...
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