The third largest FHA lender, Taylor Bean & Whitaker (TBW) went out of business a few weeks ago. They were a big source of FHA loans for mortgage brokers and small banks. Ginnie Mae appears to be tightening standards on FHA loans in general, and clamped down on TBW. The result: it won’t get any easier to get FHA loans.

Sunny days at TBW are over.