The Mortgage Bankers Association and several trade associations representing the Black Homeownership Collaborative sent a letter to HUD Secretary Marcia Fudge this week urging the Department to make meaningful reductions to the annual Mortgage Insurance Premium and suspend life-of-loan requirements for borrowers with FHA-insured loans.
Tag: Mortgage Insurance Premium
To the Point with Bob: Reducing FHA’s MIP
In the latest edition of To the Point with Bob, MBA President & CEO Bob Broeksmit, CMB, outlines MBA’s support of a reduction in the FHA Mortgage Insurance Premium set by HUD.
To the Point with Bob: Reducing FHA’s MIP
In the latest edition of To the Point with Bob, MBA President & CEO Bob Broeksmit, CMB, outlines MBA’s support of a reduction in the FHA Mortgage Insurance Premium set by HUD.