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» By Not Allowing for MI Cancellation, FHA Loans Could be Deemed ‘Higher Priced’
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By Not Allowing for MI Cancellation, FHA Loans Could be Deemed ‘Higher Priced’
June 5, 2013
George Brooks
The FHA said it is working to define a “qualified mortgage” standard that meets the QM criteria under the Dodd-Frank Act, which takes higher priced mortgages into account.
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