Oct 9, 2012
HUD Clampdown on Delinquent Tax Debtors
The Federal Housing Administration (FHA) appears ready to institute a policy that would require lenders to identify delinquent tax debtors before endorsing loans requiring FHA mortgage insurance. The U.S. Government Accountability Office (GAO) found that many first time home buyers with delinquent tax debts had been granted loans with FHA insurance in violation of FHA […]