At a House Financial Services Committee hearing Thursday, HUD Secretary Marcia Fudge suggested the agency would consider eliminating life-of-loan premium requirements for FHA-backed mortgages.
Tag: FHA Mortgage Insurance Premiums
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(#MBAServicing23) FHA Announces 30bp Reduction in Mortgage Insurance Premiums
ORLANDO–The Federal Housing Administration announced here at the MBA Servicing Solutions Conference & Expo that it will reduce the mortgage insurance premiums it charges home buyers for its mortgage insurance.
![](https://newslink.mba.org/wp-content/uploads/2023/02/Servicing2023Gordon2.jpg?w=400&h=229&crop=1)
#MBAServicing23: FHA Announces 30bp Reduction in Mortgage Insurance Premiums
ORLANDO–The Federal Housing Administration announced here at the MBA Servicing Solutions Conference & Expo that it will reduce the mortgage insurance premiums it charges home buyers for its mortgage insurance.
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MBA, Trade Groups Urge National Economic Council to Support FHA Insurance Premium Reduction
The Mortgage Bankers Association and other industry trade groups urged the National Economic Council to support a reduction of the annual mortgage insurance premium for borrowers with FHA-insured loans.