Thank you for the story. Those of us burned by this industry recognized the kind of risks in-house home builder lending could bring. Our builder typically tries to force in-house financing (NVR mortgage) for incentives, then takes them back at closing on way or another. Then they sell the loan, so to them homebuilding and financing is cash and carry, little risk, little commitment. There’s no “incentive” for in-house lenders to do anything but clear the loans anyway possible to sell their homes and collect excessive fees. Really surprised the FBI would care about disparities after all this time.

Sincerely yours,

Ron