Florida lenders nabbed in HUD probe

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After a review by the U.S. Department of Housing and Urban Development’s (HUD) Mortgage Review Board, 13 Florida lenders were penalized for violating FHA rules. A national probe found violations among 120 lenders. In South Florida, violators included Mission Mortgage Corp., Miramar; Amerimortgage Bankers LLC, Miami; WCS Lending LLC, Boca Raton; and Financial Funding Services Inc., Coral Gables.