Posted By: BankerMama
HUD phone call - 09/16/02 08:49 PM
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.
Posted By: Dan Persfull
Re: HUD phone call - 09/16/02 09:15 PM
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.
Posted By: BankerMama
Re: HUD phone call - 09/16/02 09:24 PM
Good idea. I have not called them back yet.
Posted By: Lucy Griffin
Re: HUD phone call - 09/16/02 09:53 PM
I agree. Someone may be looking for a testing target.
Posted By: ahou
Re: HUD phone call - 09/17/02 03:20 PM
I'd call - and please let us BOL buddies know what HUD says.