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October 23, 2014

High Premiums Come Back to Haunt FHA: Purchase-Market Share Falls to Five-Year Low

By Brandon Ivey

The chickens come home to roost: from 2008 through 2013, HUD increased the FHA’s annual mortgage insurance premium five times.

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

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We will fund less than last year – by a lot.

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