Lennar subsidiary Eagle Home Mortgage fined $13.2 million for FHA lending violations – The DOJ also alleged that the mortgage company “improperly incentivized underwriters and knowingly failed to perform quality control reviews,” which violated HUD rules and contributed to Eagle Home’s.
CFPB Assesses Ability to Repay/Qualified Mortgage Rule – The assessment was conducted pursuant to the Dodd-Frank Act, which requires the Bureau to review each significant rule. prohibits a lender from making a closed-end residential mortgage loan unless.
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Top 10 Reverse Mortgage Stories of 2018 – 9. Despite Gain, Reverse Mortgages Continue to Weigh on FHA Insurance Fund Based on data in 2018’s edition of the annual actuarial review of FHA’s Mutual Mortgage Insurance Fund, the reverse mortgage.
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