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Home » Store » Mortgage Insurance » FHA Should Set Criteria for Pricing, MGIC Says

FHA Should Set Criteria for Pricing, MGIC Says

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Mortgage Insurance

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A top mortgage-industry executive called for the establishment of criteria for adjusting FHA mortgage-insurance premiums to limit taxpayer exposure and allow private capital to play a larger role in the mortgage market. In a recent blog, Patrick Sinks, president/CEO of Mortgage Guaranty Insurance Corp., noted growing talk in the mortgage industry of another possible FHA premium reduction following last year’s 50 basis point cut. However, before that happens ...
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