FHA Loan QC Offline?

DId you get a call that your FHA loan QC is offline?  Yes, it is.  The loan review system that the FHA uses to communicate issues with home loans is down as HUD works to address “errors and data loss”.  FHA announced Wednesday that it temporarily pulled the plug on its Loan Review System on Monday, following the inadvertant deletion of an unknown amount of mortgage applicant data and documents.
Don’t panic; the anticipated online date should be no later than Friday, July 26.  To protect lenders from adverse impact from the outage, FHA will adjust response due dates on its end.