FHA Mortgage Protects Fee Compliance

Posted on March 18, 2009 by admin 
Filed under FHA news, Mortgage News · Tagged: ,

California based mortgage mitigation company called Interthinx recently extended their regulatory compliance services in an effort to provide added value services to help underwrite and balance FHA mortgage originations. They have introduced their automated solutions for the mortgage industry with a product to help FHA lenders comply with the HUD’s fee limitations on FHA loan programs.  

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The Department of Housing and Urban Development maintains a strict enforcement of fair lending practices that encourage full disclosures to borrowers considering a FHA home loan with a mortgage broker or lender providing a refinance or purchase loan transaction.  PredProtect, an 8-year old home financing compliance product, now has an automated analysis designed to aid lending companies with risk management. 

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