J.P. Morgan Chase is stepping back from FHA lending after paying - TopicsExpress

J.P. Morgan Chase is stepping back from FHA lending after paying fines to HUD of $614m. Jamie Dimon stated…..”I’m not sure we need to be in the government insured origination business, unless HUD provides lenders some kind of safe harbor for honest mistakes made as we digest a mountain of new procedures and regulations. Check this out: christianpenner/j-p-morgan-chase-pulling-fha-lending/ #fhahomeloans #floridamortgage #homeloansflorida #christianpenner

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