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December 9, 2014

HUD Inspector General: FHA Accounting on Legal Recoveries Sloppy

By George Brooks

Because of the irregular nature of legal settlements and contractor backlogs, the FHA did not properly recognize its receivables, the IG said.

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With originations expected to drop in 2018, will your shop turn to non-QM/non-prime mortgage products as a way to bolster volumes?

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