? for D. Butler (Or anyone else familiar /w notes) - Posted by KevinTX

import · October 13, 2000, 11:44pm

Posted by dewCO on October 14, 2000 at 18:39:16:

You’ve found the website here–check the archives and keep following the posts here. But you are correct, usually on gov. loans there is no incentive.

import · October 13, 2000, 11:44pm

Posted by KevinTX on October 13, 2000 at 23:44:04:

I read a post below about getting a lender to sell short and have a question. Is there any incentive for a mortgage company to sell or even allow an assumption if the loan is secured by FHA? If the borrower defaults, then isnt the bank gauranteed there money? If this question seems primitive its only because it is. I dont know anything about dealing with lenders, actually I dont even know where to find info on this topic, is there a websight?

thanks
KevinTX