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Home » Store » News » FHA Extends Its Approval for Loan Correspondents, Issues Quality Control Requirements for Lenders

FHA Extends Its Approval for Loan Correspondents, Issues Quality Control Requirements for Lenders

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The Department of Housing and Urban Development in late December granted a three-month reprieve for FHA correspondent lenders to continue closing loans in their own name under narrow circumstances, while moving separately to bolster quality control requirements for direct endorsement lenders. “After reviewing...
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