FHA Gears Up for Claims, But Will Capital Hold Out?

FHA-approved servicers are completing just 10,000 foreclosures a month due to bottlenecks caused by the robo-signing scandal. But settlements with state attorneys general and compliance with regulatory consent orders are expected to free up that pipeline and FHA now expects to pay a slew of claims on defaulted loans next year.

Article source: http://www.nationalmortgagenews.com/nmn_features/fha-gears-up-for-claims-1027659-1.html

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