Are There Loopholes for Non-FHA Approved to Originate FHA? To do HECM Loans?

The only way that I can see around this is by having a contract with the lender wherein all parties agree to the lender providing you with all information regarding the loan's status.

They are using any method possible to encourage the origination of FHA HECMs. After all, this IS a great program, and it also looks great for HUD politically!

Non-FHA Approved Mortgage Brokers - HECM or Everyone?
(Mortgagee Letter 2008-14, May 16, 2008)

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