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.
Tag: FHA Mutual Mortgage Insurance Fund
FHA 2022 Actuarial Report Shows Continued Improvements in Capital Ratio, HECM Performance
The Federal Housing Administration on Nov. 15 released its Annual Actual Report on the status of its Mutual Mortgage Insurance Fund, showing an increase in congressionally mandated capital reserve ratios, lower delinquency levels and a decrease in borrowers in forbearance plans.
FHA 2022 Actuarial Report Shows Continued Improvements in Capital Ratio, HECM Performance
The Federal Housing Administration on Nov. 15 released its Annual Actual Report on the status of its Mutual Mortgage Insurance Fund, showing an increase in congressionally mandated capital reserve ratios, lower delinquency levels and a decrease in borrowers in forbearance plans.
FHA Actuarial Report: Capital Ratio Grows to 8.03%; HECM Ratio Positive for First Time Since 2015
HUD on Monday released its fiscal year 2021 report to Congress on the financial health of the Federal Housing Administration Mutual Mortgage Insurance Fund, showing a nearly 2 percent increase in the fund’s capital ratio to more than 8 percent, well above its congressionally mandated minimum of 2 percent.
#MBASPRING21 HUD Secretary Fudge Talks COVID, Infrastructure, Enforcement
A little more than a month ago, Rep. Maria Fudge, D-Ohio, voted “yes” to approve the American Rescue Plan, a nearly $2 trillion initiative by the Biden Administration to support the economy. Now, as HUD Secretary, it’s her job to put key provisions of the legislation into action.
HUD: FHA Mutual Mortgage Insurance Fund Programs on Track; No Plans to Change Premiums
HUD released its quarterly report to Congress on the FHA Single-Family Mutual Mortgage Insurance Fund Programs. The report said the MMIF stands at more than $80 billion and remains well above the 2% minimum capital reserve required by Congress.
FHA 2020 Actuarial Report: MMI Fund Capital Ratio at 13-Year High
The Federal Housing Administration om Friday said its Mutual Mortgage Insurance Fund capital ratio ended fiscal year 2020 at 6.1 percent, well above its congressionally mandated 2.0 percent capital ratio to its highest level since 2007.
MBA Urges House to Support FY2021 T-HUD Priorities
The Mortgage Bankers Association, in a July 14 letter to House leadership, urged the House to approve key industry-supported provisions for FHA in the federal government’s fiscal 2021 proposed budget.
FHA Actuarial Report Shows MMI Fund Capital Ratio at 12-Year High
FHA released its 2019 Annual Report to Congress, showing the FHA Mutual Mortgage Insurance Fund–which fell to dangerously low levels earlier in the decade–rose to its highest level since fiscal year 2007.
FHA Actuarial Report Shows MMI Fund Capital Ratio at 12-Year High
FHA released its 2019 Annual Report to Congress on Nov. 14, showing the FHA Mutual Mortgage Insurance Fund–which fell to dangerously low levels earlier in the decade–rose to its highest level since fiscal year 2007.