In cases where a loan provider had 150percent more late-paying loans than other area loan providers, it had been vulnerable to getting kicked away from FHA’s approved lender list.

In cases where a loan provider had 150percent more late-paying loans than other area loan providers, it had been vulnerable to getting kicked away from FHA’s approved lender list. Numerous banking institutions and home loan organizations had a nagging issue with this specific technique. If nearby loan providers had tougher FHA certification criteria and for that reason a far better …