July 22, 2024

FHA Takes Action Against Rogue FHA Lenders – Numerous Violations Cited

In a HUD press release, it was announced that the FHA’s Mortgagee Review Board (MRB) took action against 240 FHA lenders who violated numerous lending regulations and failed to meet FHA requirements. Actions taken by the FHA MRB included suspensions, reprimands, probations, money penalties and withdrawal of FHA lending approval.  More than 2,300 administrative actions […]