FHA Raises Premiums, Down Payments Amid Mortgage Delinquencies

FHA Raises Premiums, Down Payments Amid Mortgage Delinquencies The cost of a government-guaranteed mortgage will be more expensive for U.S. homebuyers as the Federal Housing Administration raises insurance rates and tightens credit-score rules to combat a rise in delinquencies. Read more on BusinessWeek

Mr Mortgage – Home Equity Delinquencies Surge

Check out my new blog… mrmortgage.ml-implode.com S&P, BofA and Fitch all concur that the ‘Home Equity Implosion’ is knocking on, or kicking down rather, the front door.