Having just slashed annual mortgage insurance premiums on new FHA loans by 35 percent in March, and with total insurance in force growing faster than reserves, HUD officials show no signs of giving in to long-standing industry demands.
Source: Inman News
Mortgage groups urge FHA to ditch ‘life of loan’ premium payments
Published in Bob Broeksmit, Community Home Lenders of America, fha, FHA life of loan premiums, FHA Mutual Mortgage Insurance fund, FHA premiums, ginnie mae, hud, HUD OIG, Julia Gordon, Mortgage, mortgage bankers association, NAMB, National Association of Mortgage Brokers, Scott Olson and Valerie Saunders
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