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» HUD Offers Due Diligence Guidelines, As Regulators Look to Secondary Markets for Help on Predatory Lending
HUD Offers Due Diligence Guidelines, As Regulators Look to Secondary Markets for Help on Predatory Lending
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The Department of Housing and Urban Development this week launched a campaign to get FHA lenders to pay closer scrutiny to whole loans and mortgage pools they purchase from other originators in an effort to clamp down on predatory lending.