A relatively new government website known as SAM that FHA lenders must check before making a loan has been slowing the origination process since Thanksgiving, particularly for lenders doing multiple searches.

The Government Services Administration is “aware of, and working to resolve, the issues with the search function,” the agency said Tuesday.

Subscribe Now

Authoritative analysis and perspective for every segment of the mortgage industry

30-Day Free Trial

Authoritative analysis and perspective for every segment of the mortgage industry