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Home » Store » Government-Insured Lending » HUD Dispels Talk of Further Annual FHA Cuts Following Release of Report Showing Substantial MMIF Progress

HUD Dispels Talk of Further Annual FHA Cuts Following Release of Report Showing Substantial MMIF Progress

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The Department of Housing and Urban Development said it has no plans for now to reduce the FHA annual mortgage insurance premium further in the wake of an annual report to Congress showing the Mutual Mortgage Insurance Fund in better health and achieving a required capital reserve ratio a year sooner than experts predicted. In a press briefing, HUD Secretary Julian Castro said talk about any potential pricing change would be premature despite a ...
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