The New HUD Reform: A Quality Control Dilemma
The lending industry is changing again.
Short URL: http://www.thenichereport.com/?p=2238
Posted by TheNicheReport magazine
on May 11 2010. Filed under rules & regs.
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Good article, what about issues re: are lenders going to make sure all LO’s are paid w-2? are they going to monitor brokers net worth requirements? are they going to require audited financials?
So much is still up in the air I guess we brokers won’t know what the lenders requirements are going to be until late this year.
read my thoughts on the subject here:
http://www.ietcapitalblog.com/2010/05/what-the-heck-is-hud-thinking/
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