John Mostellar III, James Wright Jr. The Defect Taxonomy has general definitions of what constitutes either a Tier 1 or Tier 4 defect. Both relate to Findings of fraud or materially misrepresented ...
John Mostellar III, James Wright Jr. On July 10, 2024, the U.S. Department of Housing and Urban Development (HUD) issued Mortgagee Letter (ML) 2024-14, expanding mortgagee liability for fraud or ...
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