- QC Loan Review Reports
Hi Les, We are seeing an significant number of clients that have late QC reports for their monthly HUD review.…
- LEAP filing question
Good Morning, I’m hoping Les can once again help answer a question for our firm. Do you know if…
- Voluntary Withdrawal of a Non-Supervised Lender
Hello, I was hoping you could assist in a question regarding a non-supervised lender voluntarily withdrawing its FHA lending ability.…
- FHA LENDER UPDATE
I paid the FHA Lender Update for November 17th and 18th. I have not received a link to register .…
- FHA Lender Update – Part 1
I missed the first attendance question today. Can I still get CPE credit
- Sample AFS reporting package for HUD for Non-Supervised Lender
Hello, I was wondering if anybody in the group has an example audit report package for HUD for a non-supervised…
- Applicability of Topic 606 to revenue from brokered loans
While revenue from loan origination for loans a company funds and subsequently sells is excluded from Topic 606, is revenue…
- NonSupervised Lender Shutting Down Operations
Hello, Our client, who is a Non-Supervised Lender - is closing down operations at the end of 2019. I have…
- Lender Failure to Report Notice of Material Event
A lender failed to report a quarterly net operating loss in excess of 20 percent of net worth (2nd quarter)…
- Lending outside the state where a lenders home office is located
FHA had a rule for decades stating that a mortgage lender could make FHA loans in the state where it…
- Holder (seller) Reporting Requirements (15 Day Rule)
Anonymous: Per chapter 7 of the HUD audit guide, Section 7-5,3(e)(2)(a) (page 7-10 of the guide issued 5/2014), “The holder…
- FHA Minimum Investment
I'm seeing some lenders not counting anything aside from the down payment toward the minimum investment and others looking at…
