Posts Tagged ‘fha loans’
Inlanta Mortgage, a mortgage banker since 1993, has dramatically expanded its in-house underwriting since receiving its full Eagle approval with the Federal Housing Administration (FHA) in April with the addition of two underwriters. The company now has three full-time DE underwriters with a combined 45 years of experience, specializing in FHA, USDA and conventional mortgages, including one who is VA-approved, which will allow Inlanta Mortgage to add VA underwriting in the near future.
On April 2, 2009, the Federal Housing Administration (FHA) issued Mortgagee Letter 09-12, which deals with the importance of lenders and brokers having good credit policies and quality control plans in place. This letter didn’t get much press, so I’m bringing it to light to encourage companies to be proactive and have systems in place in the event you are ever audited. As a broker or lender, you want to make sure your office policies are such that FHA doesn’t show up at your door (and if they do, that your doors are still open when they leave!).Read more
