Red Mortgage Capital, LLC Continues to Take Top National Spots in FHA HUD LEAN and MAP Closings

SOURCE: Mortgage News Feed

Comprehensive capital provider RED CAPITAL GROUP, LLC announced today that according to Federal Housing Administration (FHA) reports, its mortgage banking arm, Red Mortgage Capital, LLC is the top ranked FHA-approved lender in the country for all FHA loan closings. In 2013, Red Mortgage Capital provided 255 FHA-approved LEAN and MAP loans totaling volumes over $2.4 billion, which is 11 percent of all FHA-approved loans.

To read the entire article, please visit:
http://www.prweb.com/releases/2014/01/prweb11464603.htm


About The Author

Each week we post articles on FHA/VA Government news topics, ranging from FHA Direct Endorsement Underwriters, to current FHA underwriting guidelines, to new FHA rules/regulations, FHA compliance, FHA lending requirements and much more! PLEASE NOTE: We are NOT owned, operated or affiliated with HUD, FHA or the Federal Government in any way.

 


Opinion-Editorial (Op-Ed) Disclaimer For NAMP® Library Articles: The views and opinions expressed in the NAMP® Library articles are those of the authors and do not necessarily reflect any official NAMP® policy or position. Examples of analysis performed within this article are only examples. They should not be utilized in real-world application as they are based only on very limited and dated open source information. Assumptions made within the analysis are not reflective of the position of NAMP®. Nothing contained in this article should be considered legal advice.