HUD Audit Finds Underwriting Deficiencies at New York Lender

The Department of Housing and Urban Development wants All American Home Mortgage Corp. to indemnify the FHA against future losses on five loans that violated agency guidelines.

Article source: http://www.nationalmortgagenews.com/dailybriefing/2010_432/hud-audit-underwriting-deficiencies-1026568-1.html

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