Thursday, January 21, 2010

U.S. Department of Housing and Urban Development (HUD)

In addition to the changes proposed today, the FHA is continuing to review its overall response to housing market conditions, and continuing to evaluate its mortgage insurance underwriting standards and its measures to help distressed and underwater borrowers through FHA/HAMP and other FHA initiatives going forward.

Beginning February 1, the costs of government backed loans are rising.

Posted via web from Jim's posterous

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