Will FHA Mortgage Programs Survive?

Posted on June 9, 2010 by admin 
Filed under FHA Articles, FHA Guidelines, FHA Mortgagee Letters, FHA news, FHA requirements, Mortgage News · Tagged:

FHA has been in the news a lot lately. Yes, FHA mortgage rates are low, but the FHA mortgage program as a whole may be in jeopardy of existence.  Many FHA blogs have posed the reality that FHA financing is at serious risk to be shut down.  In this political climate it becomes obvious that anything is possible because Congress must pass bills to continue to fund the FHA mortgage programs.  FHA first time home buyer loans have been promoting home ownership since the great depression.  Even as we discuss their recent failures, the argument could be made that FHA is one of the most successful government initiative in the last century.  Read the original article > Is FHA Mortgage Financing in Trouble?

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