Life as an FHA borrower is getting tougher. In an effort to shore up its flailing balance sheet and dwindling capital reserves, the Federal Housing Authority is rolling out sweeping financial changes. FHA borrowers have to look better on paper and be better credit risks. Mortgage insurance premiums are rising, too.
Read...Related Headlines
- High-end ARM reset (mild) hilarityposted 247 weeks ago on Blown Mortgage
- Am I Eligible for FHA Secure?posted 244 weeks ago on Blown Mortgage
- PSA: Go FHA!posted 246 weeks ago on Blown Mortgage
- IndyMac wades back in to the jumbo marketposted 248 weeks ago on Blown Mortgage
- FAQs about FHA Modernization and the Stimulus Billposted 221 weeks ago on Blown Mortgage
- Stimulus Package, New Loan Limits and a Controversial California Lawposted 226 weeks ago on Blown Mortgage
- National City to pay $4.6 for HUD violationsposted 209 weeks ago on Blown Mortgage
- Thornburg quarterly losses hit $3.3 billionposted 206 weeks ago on Blown Mortgage
- George Bailey and ?It?s a wonderful sub prime mortgage??posted 232 weeks ago on Blown Mortgage