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#32954 - 09/16/02 08:49 PM HUD phone call
BankerMama Offline
Diamond Poster
BankerMama
Joined: Jun 2001
Posts: 1,543
Has anyone else received a call from HUD asking if you do any subprime or manufactured home lending?

I just did but have never had this to happen before. The message said that he got my name from the HMDA contact.

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Lending Compliance
#32955 - 09/16/02 09:15 PM Re: HUD phone call
Dan Persfull Offline
10K Club
Dan Persfull
Joined: Aug 2002
Posts: 47,771
Bloomington, IN
We have never received such a call and I'd be leary of this. Why would HUD be calling about your lending practices?

I suggest contacting HUD and inquire if this is a standared practice.
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The opinions expressed are mine and they are not to be taken as legal advice.

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#32956 - 09/16/02 09:24 PM Re: HUD phone call
BankerMama Offline
Diamond Poster
BankerMama
Joined: Jun 2001
Posts: 1,543
Good idea. I have not called them back yet.

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#32957 - 09/16/02 09:53 PM Re: HUD phone call
Lucy Griffin Offline

Diamond Poster
Lucy Griffin
Joined: Nov 2000
Posts: 1,544
I agree. Someone may be looking for a testing target.

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#32958 - 09/17/02 03:20 PM Re: HUD phone call
ahou Offline
Power Poster
ahou
Joined: Aug 2002
Posts: 3,094
I'd call - and please let us BOL buddies know what HUD says.
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Opinions are my own and not of my employer.

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