Home Path loans being cancelled?

[Sean Ploskina]

While going through the Homepath site looking at their properties I saw that as of 10.6.14 they will be 'retiring' the home path program.  

Does anyone know why this happened or if they will be bringing another project online?  

Shame to lose a useful program like this.

[Account Closed]

Good riddance- maybe now they wont be so frequently listing their properties well above fair value in the hopes of a desperate HomePath buyer that can waive appraisal. I honestly see no benefit other than higher higher DTI limits if you needed them--up to 55 percent with strong compensating factors; otherwise, same guidelines as conventional loans except paying an interest rate premium for the Homepath product.