FHA: Life of loan policy to remain, but agency considering options | 2018-07-12 | HousingWire
It looks like there won’t be any significant changes to the Federal Housing Administration’s mortgage insurance program this year. Earlier this week, new FHA Commissioner Brian Montgomery told a group of reporters that there likely won’t be a cut to the FHA’s mortgage insurance premiums this year, due to the health of the Mutual Mortgage Insurance Fund, the FHA’s flagship insurance fund. And it appears that there won’t be any changes to the life of loan policy either. According to Montgomery, the agency is not planning . . .
— Read on www.housingwire.com/articles/46050-fha-life-of-loan-policy-to-remain-but-agency-considering-options