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May 27, 2014

FHA Originations Hammered in First Quarter

By George Brooks

The high cost of FHA loans, due mainly to higher MI premiums and a requirement to maintain mortgage insurance for the life of the loan, has made it difficult for borrowers to obtain credit.

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Poll

The year is almost 75% done. How is mortgage origination volume at your shop?

We will fund about the same as we did in 2016.
We will fund more than last year – by a little.
We will fund more than last year – by a lot.
We will fund less than last year – by a little.
We will fund less than last year – by a lot.

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