Future of FHA Mortgage Lending?

Posted on June 1, 2010 by admin 
Filed under FHA Articles, FHA Mortgage Articles, FHA news, Mortgage News, Published Articles · Tagged:

In a recent article, FHA Home Loan Refinancing posted an interesting perspective of FHA’s future.  The FHA loan publisher considers the risks that FHA lenders pose in addition to each FHA loan program as well.  The article reviews the following FHA programs: cash out refinance, FHA streamline, and the infamous, FHA home purchase product.  They noted that the FHA Commissioner and HUD had tightened the FHA guidelines for the streamline by not allowing borrowers to finance the lender closing costs.  When borrowers come out of pocket to pay their closing costs you can bet they are less likely to default on the loan.  Read the original article online at > Are FHA Home Loan Programs at Risk?

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