(RECAP: Early last year, the Obama Administration shook up the housing world when it ordered the Federal Housing Administration to cut its annual mortgage insurance premiums by 50 basis points, from 1.35% to 0.85%. The effect of the cut was widespread and significant, as the FHA’s mortgage insurance business exploded in 2015 and the FHA really reached its Congressionally mandated threshold of 2% on its flagship Mutual Mortgage Insurance Fund years ahead of the FHA’s own predictions. But is the FHA about to do it again? That’s the scuttlebutt around Washington, according to analysts from Compass Point Research & Trading, and the noise surrounding another cut is apparently getting louder.)
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