http://online.wsj.com/article/SB124949523458308423.html
Taylor Bean ceased all of its Mortgage related activites a few days ago, and will file bankruptcy this week. FHA pulled the plug on them for undisclosed financial reasons.
Private mortgage lenders can’t compete against Freddie Mac and Fannie Mae with a bottomless pit of free government bailout money. The same thing will happen to Health Insurance if ObamaCare passes.