Archive for FHA
The Secret Life Of A BofA Whistleblower
Whistleblowers are true heroes – their actions save taxpayers billions of dollars each year, help struggling homeowners and sometimes even save lives. The road can be a bit lonely however. This… Read more
Speed-Reading the Mortgage Rules – July 2012 Updates!
The big news this month is the rescission of Mortgagee letter 2012-3—where FHA says they will no longer enforce the rules for collection accounts. However, the disputed account section of the… Read more
Miami Loan Officer Convicted For Fraudulent FHA Condo Sales Using Downpayment “Gifts” With Nehemiah, et al.
It’s the Fourth of July as I write this post. As we celebrate Independence Day and this great democracy, I am reminded that one of the fundamental values of this nation is that no man is above the… Read more
On the Trail of a New Species of Fraud
The discovery of a previously unknown form of life, any kind of life, fascinates us. The innate fascination with the discovery of a previously unknown form of life, extinct or living, fuels many… Read more
The “Nine Lives” Of Allied Home Mortgage – HUD Goes For Kill Shot
Folk legend says cats have 9 lives. People don’t. Anyone following the storied career of Jim Hodge and Allied / AllQuestHome Mortgage might feel otherwise. We are confident, however, that the game… Read more
Mortgage Rule Updates: What’s “Trending” Now!
The term “trending” is making its way to mainstream media—but it seems that it also applies to the new mortgage rules. It’s hot for a while—until they are updated again. And you’ll find… Read more
FHA TOTAL Scorecard Class: 8 Hidden Deal Killers
Let’s face it! An “approve” decision from your FHA AUS does not necessarily mean that you are “home free”! So, we’ve found 8 hidden deal killers that will turn your “automatic approval” into… Read more
Whistleblowers Reaping Millions From Mortgage Crisis
Since February, all the focus of mainstream media has been about how much of the $25 billion mortgage settlement will filter down to homeowners. For many the relief comes too late, although… Read more
FHA Piles It On
Well, last month there were no FHA updates to report—but I just knew that the “silence” meant that they are dumping a bunch of changes on you—and what a dump It’s going to be. The big… Read more
Net Branches – Recipe for Mortgage Fraud
Mortgage net branches – they are everywhere. If set up properly they help people get into the mortgage business with low start up costs. The benefits include access to a national network, more… Read more
