General Membership Meeting, Tuesday, March 14th 2017. 7:00pm EST. Bay de Noc College - MTEC building, Room 2031. â** College is closed March 7th for Spring Break**. 2016 UPIR TRACK CHAMPIONS. ----------------------------------.
Yes, lenders must examine HUDâs Limited Denial of Participation List (LDP) and the General Services Administrationâs (GSA) Excluded Parties List System (EPLS) to determine if the name of any party to the transaction including, but not limited to, the seller, real estate agent, or builder, appears on either list.
If any party who has been âsearchedâ appears on the LDP/GSA lists, the loan application is not eligible for FHA insurance and the loan must be denied. This is not only applicable to FHA insured mortgages â lenders commonly use this on conventional loans as part of their overall Loan Quality Procedures as well.