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

In cases where a loan provider had 150percent more late-paying loans than other area loan providers, it absolutely was prone to getting kicked away from FHA’s approved loan provider list. Numerous banking institutions and home loan organizations possessed problem using this technique. If nearby loan providers had tougher FHA certification criteria and so a better guide of loans, other area …