Thursday, July 7, 2016

Republicans demand answers from HUD's Castro on FHA non-performing loan sales

Last week, HUD and the FHA announced the “most significant improvements to date” to its non-performing loan sales program. But House Financial Services Committee Chairman Jeb Hensarling, R-TX, is less than impressed with those changes, going so far as to question HUD, the FHA, and HUD Secretary Julián Castro’s motivations for making the changes.

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