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Home » Store » Government-Insured Lending » Stakeholders Warn Suspension of FHA Price Cut May Disrupt the Market; MBA Issues ‘Coping’ Guidance

Stakeholders Warn Suspension of FHA Price Cut May Disrupt the Market; MBA Issues ‘Coping’ Guidance

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Government-Insured Lending

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Industry groups are calling for better ways to minimize the market disruption that may come in the wake of the Trump administration’s decision to suspend the recent 25-basis-point reduction of the FHA mortgage insurance premium. The suspension of the fee cut was announced Jan. 20 by Genger Charles, general deputy assistant secretary for housing at the Department of Housing and Urban Development, pending a review by the incoming administration. The pricing change was scheduled to take effect for loans with a closing or disbursement date of Jan. 27 or later. The moratorium has...
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