Friday, 30 September 2022 | The Latest Buzz for the Appraisal Industry

Republicans Urge Against FHA Premium Reduction

By Tory Barringer

Citing concerns about the Federal Housing Administration’s (FHA) low capital reserve ratio and its 2013 bailout, senators Bob Corker (R-Tennessee) and David Vitter (R-Louisiana) are calling on the Obama administration to reconsider its plan to cut FHA’s annual mortgage insurance premium by half a percentage point.

The post Republicans Urge Against FHA Premium Reduction appeared first on theMReport.com.

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