Thursday, December 1, 2011

HUD considers FHA mortgage premium increase

HUD considers FHA mortgage premium increase: The Department of Housing and Urban Development is considering increasing premiums on Federal Housing Administration-insured mortgage loans.
The revelation comes after weeks of FHA official denials.
HUD Secretary Shaun Donovan testified Thursday to the House Financial Services Committee that as a result of an October analysis by an independent actuary of FHA's insurance fund, HUD is not [...]

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