Link to actual HUD PDF file: Effective Strategies for Community Development Finance
Interesting...thanks for posting.
I just closed a mortgage loan Monday.
I still can’t sit properly from the in depth examination and I have perfect credit, a low debt to income ratio and 25% down.
It was truly the most brutal financial examination experience I’ve ever endured.
My Top Secret/SSBI investigation wasn’t that thorough.
Did you happen to catch Rush’s last caller yesterday? She explained “instant credit recovery,” and how it made it possible for totally unqualified people to get mortgages.
Thank you for re-outting the guilty. Cuomo, Cisneros, Frank, et al., create utter disasters, then get a free pass, or move on to bigger things.
Since the US Constitution grants the federal government no powers regarding “HUD”, this department has no legal basis for existence. The agenda of the next President should include pulling the handle.