Tag Archives: Monday Morning Cup of Coffee: Lenders react to FHA mortgage insurance changes

A look at stories across HousingWire’s weekend desk, with more coverage to come on bigger issues: Not only will FHA Mortgage Insurance Premiums be increasing 10 to 15 basis points, but they will also become permanent, creating room for alarm among lenders who fear lower-income homeowners will be squeezed out of the market. U.S. Federal Housing Commissioner Carol Galante announced the changes in late January. Many are arguing that, for a loan designed to help lower-income families and first time homebuyers, this increase in premiums is unjust, according to a […]