Community Lenders Call on FHA to Cut Mortgage Insurance Premiums, Again

HousingWire, Oct. 28, 2015–Lane, Ben

Citing the strength of the Mutual Mortgage Insurance Fund, the Federal Housing Administration in January cut its annual mortgage insurance premiums by 50 basis points, from 1.35% to 0.85%, but one group is now calling on the FHA to reduce its insurance premiums even further, to pre-crisis levels.