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Loan Modification

: Loan Modification & Home Loan News

Why did the Fed?s target Texas FHA lender?

By Moe Bedard

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According to the HUD database, Alethes has made about 2,000 FHA loans in the past two years. Due to the high default rate of its borrowers, that translates into a high number of current defaults and claims: 366. Drilling down more, you can see which of the company?s branches had particular problems. The worst? A small [...]

Full post as published by Loan Modification & Home Loan News on January 22, 2010 (boomark / email).

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