Thursday, February 11, 2016

Get used to the FHA #mortgage insurance life-of-the-loan premium

Despite recent calls to eliminate it, the Federal Housing Administration said it is not considering any changes to the #mortgage insurance life-of-the-loan policy. However, the explicit rejection of a life-of-loan pricing policy change is a positive for the private #mortgage insurance industry since the ability to cancel #mortgage insurance has a direct impact on borrow decision-making. http://www.housingwire.com/articles/36272-get-used-to-the-fha-mortgage-insurance-life-of-the-loan-premium ❤️ #share #mortgage



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