Full Implementation of Expanded FHASecure Program, Risk-Based Premium Pricing Nears
July 10, 2008
The Department of Housing and Urban Development this week began the countdown to July 14, when an expanded FHASecure refinancing program for distressed borrowers and a temporary risk-based premium pricing scheme for FHA mortgages are expected to take effect. Top HUD officials also stepped up their rhetoric against legislative attempts to impose a one-year freeze on FHA’s risk-based...