2009-11-02 — housingwire.com
" The board is proposing HUD permanently withdraw the HUD and FHA approval of Financial Mortgage USA, a Honolulu-based home equity conversion mortgage (HECM) lender, because the company allegedly failed to implement an FHA-required quality control plan; separate its lending operations from those of its affiliated insurance company; conform to prudent lending practices; and properly provide borrowers with housing counseling services."
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.