Tuesday, December 6, 2022 | The Latest Buzz for the Appraisal Industry

FHA Issues Update on Premium Cuts for In-Process Loans

By Tory Barringer

In a mortgagee letter issued Friday, HUD announced that the reduction in annual premiums—which will bring premiums down to 0.85 percent on most FHA loans—will affect mortgages with case numbers assigned on or after January 26.

The post FHA Issues Update on Premium Cuts for In-Process Loans appeared first on theMReport.com.

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