FHA Production Volume Soared To Record $253 Billion in 2008
January 30, 2009
The boom in FHA lending that began in late 2007 may have peaked in the third quarter of last year, but production volume in 2008 remained at exceptionally high levels as the year came to a close.According to a new Inside FHA Lending analysis of government data, some $253.05 billion of single-family mortgages were insured by the agency in... [Includes two charts and one graph]