… Failing to process a loan in accordance with HUD policy on employee loans;; Closing a loan with an excessive mortgage broker fee paid to an approved FHA Loan Correspondent;; Failing to provide the required documentation to support …
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FHA and Ginnie Mae take action against Lend America » Clarksville …
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In addition, the Government National Mortgage Association (Ginnie Mae) defaulted Lend America. Effective immediately, Lend America will no longer be able to issue Ginnie Mae securities. FHA also imposed civil money penalties against ...