HUD Disciplines 15 FHA Lenders

January 2004
National Mortgage News;1/19/2004, Vol. 28 Issue 17, p39
Trade Publication
Reports on the disciplinary action issued by the U.S. Department of Housing and Urban Development against 15 lenders under the Federal Housing Administration (FHA). Monitoring of the default rates of lenders by branch under the Credit Watch program; Suspension of the Bakersfield, California branch of Union Planters Mortgage; Performance of the FHA loans of Gurnee, Illinois branch of CTX Mortgage.


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