AllRegs Touts New FHA Hotline

AllRegs, an Eagan, Minn.-based information provider for the mortgage industry, has announced the creation of the FHA Hotline to support the growth of Federal Housing Administration loan programs. The company said the hotline will answer questions about the FHA program, how to become an FHA lender, and the interpretation of regulations and of the housing law signed recently by the president. AllRegs said there are two service-level options: an individual level suggested for mortgage brokers or companies with one or two questions, and a corporate level suggested for branches, regions, or organizations that are moving into the FHA business and need assurance that they will have someone to answer questions. "This new FHA Hotline will provide peace of mind for all those mortgage companies trying to increase their origination volume using the FHA program," said Dan Thoms, senior vice president of AllRegs. To support the hotline, AllRegs said it has entered into an agreement with Mortgage Dynamics Inc., a management consulting firm. AllRegs can be found online at http://www.allregs.com.