HUD Announces More Loan Originator Terminations
admin2011-01-26T06:00:17-07:00January 26, 2011 (Shirley Allen) The Department of Housing and Urban Development (HUD) announced that it is terminating Origination Agreements with 15 lenders due to higher than normal default rates on loans endorsed by the Mortgagees. Reinstatement is possible if the affected branch or branches have been terminated for at least six months and the [...]