I spoke with our Taylor Bean Lender Rep this morning, before the Press Release hit, as I submitted a loan into their pipeline yesterday, before all this stuff hit the fan.
The rep sounded hopeful that whatever problems TBW was having with HUD, that those problems could be worked out in a reasonably timely fashion. Apparently, this will not be the case.
Let me add, that the lender rep with TBW has been outstanding to work with in the past, a longtime veteran of the mortgage industry. I wish the best for him and his family.
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