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FHA For Everyone

Supporting borrower's right to exclusive representation and honest disclosure through voluntary RESPA compliance reform.

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FHA For Everyone | fhaforeveryone.blogspot.com Reviews
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Supporting borrower&#39;s right to exclusive representation and honest disclosure through voluntary RESPA compliance reform.
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FHA For Everyone | fhaforeveryone.blogspot.com Reviews

https://fhaforeveryone.blogspot.com

Supporting borrower&#39;s right to exclusive representation and honest disclosure through voluntary RESPA compliance reform.

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1

FHA For Everyone: May 2007

http://fhaforeveryone.blogspot.com/2007_05_01_archive.html

Supporting borrower's right to exclusive representation and honest disclosure through voluntary RESPA compliance reform. Saturday, May 5, 2007. COMMITMENT TO EXPANDING FHA IN THE COMMUNITY AND VOLUNTARY COMPLIANCE WITH HUD'S PROPOSED RESPA REFORMS. In 2002, the Department of Housing and Urban Development. HUD) proposed regulatory changes to RESPA. And simplified borrower disclosures. One form HUD recommended to become required was the. Because FHA loan correspondents are the lender’s agent. However, we a...

2

FHA For Everyone: FHA Affirms Participation of Non Approved Brokers as Consultants

http://fhaforeveryone.blogspot.com/2008/06/fha-affirms-participation-of-non.html

Supporting borrower's right to exclusive representation and honest disclosure through voluntary RESPA compliance reform. Monday, June 23, 2008. FHA Affirms Participation of Non Approved Brokers as Consultants. Brian Montgomery officially acknowledged in Mortgagee Letter 08-17, dated June 20, 2008, that non FHA approved mortgage brokers can provide counseling type duties consistent with HUD's guidance in the 1999-1 RESPA Statement of Policy (SOP) and 24 CFR 203.27 (e). Click here. To view ML 08-17:. Under...

3

FHA For Everyone: The FHA Non Approved Broker Debate

http://fhaforeveryone.blogspot.com/2008/06/fha-non-approved-broker-debate.html

Supporting borrower's right to exclusive representation and honest disclosure through voluntary RESPA compliance reform. Monday, June 9, 2008. The FHA Non Approved Broker Debate. FHA recently published Mortgagee Letter 08-14 regarding non approved broker participation in the HECM loan program (reverse mortgages). Click here to view Mortgagee Letter 08-14. Brian Montgomery goes on to state in ML 08-14:. So, duplication of duties is acceptable now under RESPA? Click here to view FHA Policy Alert. Well, is ...

4

FHA For Everyone: June 2007

http://fhaforeveryone.blogspot.com/2007_06_01_archive.html

Supporting borrower's right to exclusive representation and honest disclosure through voluntary RESPA compliance reform. Monday, June 4, 2007. Posted by Mortgage Whistle Blower. Labels: FHA Mortgage Broker RESPA. Subscribe to: Posts (Atom). Licensed California Real Estate and Mortgage Broker with 20 years in the mortgage and real estate industry including Loan Processing, Underwriting, Quality Control, and Agency Representation. View my complete profile. IT'S NOT AN OPTION ITS THE LAW.

5

FHA For Everyone: FHA for Eveyone

http://fhaforeveryone.blogspot.com/2007/06/fha-for-eveyone.html

Supporting borrower's right to exclusive representation and honest disclosure through voluntary RESPA compliance reform. Monday, June 4, 2007. Posted by Mortgage Whistle Blower. Labels: FHA Mortgage Broker RESPA. Hello This post is likeable, and your blog is very interesting, congratulations :-). I will add in my blogroll =). If possible gives a last there on my blog, it is about the Projetores. I hope you enjoy. The address is http:/ projetor-brasil.blogspot.com. A hug. March 18, 2008 at 11:16 PM.

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mortgagewhistleblower.blogspot.com mortgagewhistleblower.blogspot.com

The Whistle Blower: Reps Gone Wild: New Act Seeks to Eliminate FHA Approval Requirements

http://mortgagewhistleblower.blogspot.com/2008/06/reps-gone-wild-new-act-seeks-to.html

Twisted Tales of the Mortgage Industry. Tuesday, June 17, 2008. Reps Gone Wild: New Act Seeks to Eliminate FHA Approval Requirements. Temporary FHA Direct Endorsement Lender Participation Act of 2008. To view H.R. 6254. Of course, NAMB applauds the FHA Direct Endorsement Lender Participation Act which allows their members to circumvent FHA guidelines in order to originate loans and receive undisclosed yield spread premium payments from lenders without meeting FHA's approval criteria. You can view NAM...

mortgagewhistleblower.blogspot.com mortgagewhistleblower.blogspot.com

The Whistle Blower: April 2008

http://mortgagewhistleblower.blogspot.com/2008_04_01_archive.html

Twisted Tales of the Mortgage Industry. Monday, April 21, 2008. FNMA Underwriting Sham 2: Subprime FHA Loans. I keep hearing how the mortgage industry has reformed itself and how underwriting guidelines have been tightened- especially at Fannie Mae. Note: the following is an actual FNMA AUS approval on a FHA loan:. Needless to say, since this is a prime example of the quality of FNMA AUS/FHA TOTAL Scorecard decisioning on FHA loans, continued trouble with delinquencies and defaults are likely on the hori...

mortgagewhistleblower.blogspot.com mortgagewhistleblower.blogspot.com

The Whistle Blower: FNMA Underwriting Sham 2: Subprime FHA Loans

http://mortgagewhistleblower.blogspot.com/2008/04/fnma-underwriting-sham-2-fha-loans.html

Twisted Tales of the Mortgage Industry. Monday, April 21, 2008. FNMA Underwriting Sham 2: Subprime FHA Loans. I keep hearing how the mortgage industry has reformed itself and how underwriting guidelines have been tightened- especially at Fannie Mae. Note: the following is an actual FNMA AUS approval on a FHA loan:. Needless to say, since this is a prime example of the quality of FNMA AUS/FHA TOTAL Scorecard decisioning on FHA loans, continued trouble with delinquencies and defaults are likely on the hori...

mortgagewhistleblower.blogspot.com mortgagewhistleblower.blogspot.com

The Whistle Blower: Mortgage Broker Fiduciary Duty

http://mortgagewhistleblower.blogspot.com/2008/06/mortgage-broker-fiduciary-duty.html

Twisted Tales of the Mortgage Industry. Monday, June 16, 2008. Mortgage Broker Fiduciary Duty. While some mortgage brokers are fiduciaries, other are intermediaries. Intermediaries are best defined as 'selling' access to money, and are not required to place their borrower's best interest above their own. For a link to the MBA's comments in response to HUD's proposed RESPA rule. For a link to NAMB's comment in response to HUD's proposed RESPA rule. Excerpt from MBA letter:. MBA believes that this is best ...

mortgagewhistleblower.blogspot.com mortgagewhistleblower.blogspot.com

The Whistle Blower: The FNMA Automated Government Underwriting Sham

http://mortgagewhistleblower.blogspot.com/2008/03/fnma-automated-government-underwriting.html

Twisted Tales of the Mortgage Industry. Wednesday, March 26, 2008. The FNMA Automated Government Underwriting Sham. Think Fannie Mae has tightened their underwriting standards and that Automated Underwriting Systems produce investment quality loans? FNMA’s Desktop Underwriter, PMI Scorecard, and TOTAL Scorecard approvals are producing high risk garbage that do not meet government loan underwriting standards. The reality is that these borrowers are actually considering bankruptcy and if they would have co...

mortgagewhistleblower.blogspot.com mortgagewhistleblower.blogspot.com

The Whistle Blower: March 2008

http://mortgagewhistleblower.blogspot.com/2008_03_01_archive.html

Twisted Tales of the Mortgage Industry. Wednesday, March 26, 2008. The FNMA Automated Government Underwriting Sham. Think Fannie Mae has tightened their underwriting standards and that Automated Underwriting Systems produce investment quality loans? FNMA’s Desktop Underwriter, PMI Scorecard, and TOTAL Scorecard approvals are producing high risk garbage that do not meet government loan underwriting standards. The reality is that these borrowers are actually considering bankruptcy and if they would have co...

mortgagewhistleblower.blogspot.com mortgagewhistleblower.blogspot.com

The Whistle Blower: The Whistle Blower Blog is Moving

http://mortgagewhistleblower.blogspot.com/2008/07/whistle-blower-blog-is-moving.html

Twisted Tales of the Mortgage Industry. Friday, July 18, 2008. The Whistle Blower Blog is Moving. I am pleased to announce that the Whistle Blower Blog is moving to the Mortgage Lender Implode-O-Meter. As a big fan and supporter of the Implode-O-Meter, this is an exciting move and an opportunity to speak out for industry change. I encourage you to visit the blog at the new address and give me your feedback. Http:/ whistleblower.ml-implode.com/. Http:/ www.my-foreclosures.info. December 10, 2008 at 9:34 PM.

mortgagewhistleblower.blogspot.com mortgagewhistleblower.blogspot.com

The Whistle Blower: Commissioner Montgomery Takes on Seller Funded Down Payment Assistance Again

http://mortgagewhistleblower.blogspot.com/2008/06/commissioner-montgomery-takes-on-seller.html

Twisted Tales of the Mortgage Industry. Monday, June 16, 2008. Commissioner Montgomery Takes on Seller Funded Down Payment Assistance Again. Like the 2007 proposed rule, today's proposed rule seeks to eliminate down payment assistance from all parties with a financial interest in the property as per the Code of Federal Regulations, Title 24, Part 203, Section 203.19 (C) 1-2. April 2008 revision) which states:. 1) The seller or any other person or. Entity that financially benefits from. The transaction; or.

mortgagewhistleblower.blogspot.com mortgagewhistleblower.blogspot.com

The Whistle Blower: July 2008

http://mortgagewhistleblower.blogspot.com/2008_07_01_archive.html

Twisted Tales of the Mortgage Industry. Friday, July 18, 2008. The Whistle Blower Blog is Moving. I am pleased to announce that the Whistle Blower Blog is moving to the Mortgage Lender Implode-O-Meter. As a big fan and supporter of the Implode-O-Meter, this is an exciting move and an opportunity to speak out for industry change. I encourage you to visit the blog at the new address and give me your feedback. Http:/ whistleblower.ml-implode.com/. Subscribe to: Posts (Atom). View my complete profile.

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FHA For Everyone

Supporting borrower's right to exclusive representation and honest disclosure through voluntary RESPA compliance reform. Monday, June 23, 2008. FHA Affirms Participation of Non Approved Brokers as Consultants. Brian Montgomery officially acknowledged in Mortgagee Letter 08-17, dated June 20, 2008, that non FHA approved mortgage brokers can provide counseling type duties consistent with HUD's guidance in the 1999-1 RESPA Statement of Policy (SOP) and 24 CFR 203.27 (e). Click here. To view ML 08-17:. Under...

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