2009 is Record Year for FHA Market Share, Originations Decline Expected in 2010
February 11, 2010
The FHA endorsed $375.79 billion in loans in 2009 and accounted for some 21 percent of total originations in last year, both record highs in production for the government insurance program. Last year’s total FHA activity, including $31 billion in home equity conversion mortgages, was up 48 percent from 2008 levels. In fact, the two-year total of $629.66 billion is more than the...