My FHA Mortgage blog was made to connect FHA approved mortgage companies with local clients and real estate professionals. We are a group of seasoned FHA Mortgage Professionals who are committed to transparency and integrity in …
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Tags: FHA, FHA Approved Lenders, FHA Mortgage, mortgage, mortgage companies, mortgage professionals, real estate
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When someone with an FHA Insured mortgage defaults on the loan, the lender forecloses on the home; FHA pays the lender what is owed; and then HUD takes ownership of the home. In Michigan and other states HUD turns over the property to ...