HUD May Ban Executives With Outstanding FHA Obligations

The HUD inspector general wants the Federal Housing Administration to ban corporate officers from the FHA program if they have left a company that has not met its obligations to indemnify the government for delinquent loans.

Article source: http://www.nationalmortgagenews.com/dailybriefing/2010_443/hud-may-ban-executives-1026777-1.html

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