Taylor Bean Whitaker Sunk by FHA Suspension; Agency Suspects Fraud
August 6, 2009
One of the industry’s largest privately held mortgage bankers, Taylor Bean & Whitaker, lost key agency approvals this week and was forced to cease all mortgage production operations. A press release posted on the Web site of the Ocala Star-Banner said the company had to shut down its origination activities immediately after losing its approvals to make FHA loans...