Wednesday, October 19, 2016

HUD watchdog: Servicer foreclosure delays cost FHA $2.23 billion

A new report from a government watchdog shows that #mortgage servicers’ delays in foreclosing on properties and subsequent delays in the conveyance of those properties to the Federal Housing Administration cost the FHA as much as $2.23 billion in unnecessary payouts. http://www.housingwire.com/articles/38318-hud-watchdog-servicer-foreclosure-delays-may-have-cost-fha-223-billion ❤️ #share #mortgage



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