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Old 11-17-2008, 05:25 AM   #13 (permalink)
revcarrie
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Re: Mortgage companies and H4H success!

Garyys,
Let me clarify something else here too. Yes, the people on the H4H are fha lenders BUT not the ones you would normally run into in a bank or regular lending fascility. This is why I used the term "specialty". Not every FHA lender wants to deal with H4H because of the losses to the lenders who agree (or eventually forced) to participate. It you think about it, there would be a conflict of interest if, say a bank, had made FHA loans and NOW could be in a position to have to write their own loan down and restructure it.
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