What Do HUD’s Reverse Mortgage Changes Mean for FHA Mortgage Insurance Premiums?
HousingWire, Aug. 30, 2017–Brena Swanson
Mortgage insurance premium cuts and HECM both impact the FHA’s flagship fund, the Mutual Mortgage Insurance Fund. The fund insures mortgages made by the FHA on single-family homes and pays the lender if the borrower defaults.
