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 Re: Article on Housingwire.com re: Quicken FHA loans
Posted by zetetic/IN on 6/14/19 2:45pm

Taxpayers will be on the hook again when the next meltdown occurs. Banks and non-bank lenders will make out like bandits.

https://www.housingwire.com/articles/49290-fha-is-increasing-lending-to-riskier-borrowers

FHA may raise the HECM limit and legislation has passed the House to drop FHA mortgage insurance premiums when the LTV reaches 78%. Back to the future!
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