Well the details are out. Wait no their not. Ok well maybe. HUD published the details of using the future tax credit in ML09-15 on May 11th and then pulled in 2 days latter.
Maybe they are having second thoughts. Maybe they overlooked some key points like the fact that the borrower has nothing into the deal.
In any case you can read a copy of the original ML Letter here
Maybe they are having second thoughts. Maybe they overlooked some key points like the fact that the borrower has nothing into the deal.
In any case you can read a copy of the original ML Letter here
So here the part where I tell you about myself. Nothing too exciting. I have been in various aspects of the Mortgage industry for the past 20 years.
From running offices, multiple offices, regions, overseeing Underwriting and productions from both Banker and Broker sides. I have seen many cycles and
expect to see more.
Post a Comment