Home Affordable Modification Program denial rates are still high, but the Treasury Department and top mortgage servicers contend that the numbers have improved.
"HUD is taking active steps to completely resolve the issues raised by the audit and to provide proper clarity and guidance to the market," said Ed Golding, the head of the FHA.
The FHA is expected to rebuff a government watchdog report that blasted down payment assistance programs. The report has raised concerns that mortgage lenders would have to indemnify FHA for past loans, and that housing finance agencies would have the programs restructured.
Atlantic Coast Mortgage's Ashley Smith explains why keeping her referral partners happy is the key to her success as a loan officer.
2015 Top Producers
ON's annual rankings show how loan officers made the most out of a tough year for originators.
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