James's Blog - Archives March, 2008

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5 years of subprime and all I got was this t-shirt! - 03/25/08 07:25 PM

5 years of subprime experience and all I got was this t-shirt!
The title of my blog refers to a t-shirt I own that I was given to me at one of my companies annual training and party sessions. It was a time for top brass to pat themselves on the back for … (5 comments)

FHA Co-brokering - 03/24/08 03:48 PM

Is co-brokering an FHA loan illegal for non-hud approved brokers?
Co-brokering an FHA loan is a violation of RESPA and HUD if not done properly. HUD guidelines do state that a reasonable broker fee may be charged to a borrower by a non-HUD approved entity. Currently perfectfha.com and idealfha.com have begun … (4 comments)

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