fha streamline refinance: Wells Fargo Pulls The Rug On New FHA Streamline Refinance Mortgages
- 06/22/12 11:00 AM
The new FHA Guidelines for Streamline Refinancing FHA Insured Mortgages, which had endorsed FHA Case Numbers prior to June 1, 2009, had no sooner gone into affect last week than Well Fargo pulled the pug on accepting applications for them unless they were already servicing the loan. This came as a major blow especially to brokers, wholesalers, and correspondent lenders. Luckily for us at McCue Mortgage it did not have much impact on us, because we have other investors that are more than happy to service new FHA Streamline Refinance Mortgages. Never the less this was a pretty cheap shot by (27 comments)