Private mortgage insurers are hoping to head off another FHA premium cut, like the 35 percent reduction approved last year by the Biden administration that’s project to save homebuyers $5.1 billion over 10 years.
Source: Inman News
Healthy FHA reserves justify premium cuts, lenders say
Published in Bob Broeksmit, fha, FHA premiums, Mortgage, mortgage bankers association, private mortgage insurance, Regulations, Select, Seth Appleton and U.S. Mortgage Insurers
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