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Home » Store » News » Major Shortcomings in FHA Lender Approval Process Persist, Inspector General Report Finds

Major Shortcomings in FHA Lender Approval Process Persist, Inspector General Report Finds

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The FHA still hasn’t shored up its lender approval process or prevented lenders with previous violations from getting re-certified to make government-insured mortgages, according to a new report from the Department of Housing and Urban Development Inspector General. The OIG said HUD needs to speed up its implementation of recent legislation that would bolster the process. The report exposed...
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