About a year ago, the Federal Housing Administration (FHA) announced it would cut annual mortgage insurance premiums for FHA-insured loans – a move which quickly was reversed when President Donald Trump took office in January.
At the Regulatory Issues Forum during the National Association of Realtors annual conference in Chicago, the keynote speaker from the Department of Housing and Urban Development (HUD) discussed potential plans for premiums moving forward.
Read on for updates on FHA premium plans and the state of work on HUD’s proposed condo rule.
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