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FHA raises fees, tightens mortgage underwriting

FHA raises fees, tightens mortgage underwriting
The Federal Housing Administration says it would raise down-payment requirements, boost its mortgage-insurance premiums and tighten its loan underwriting practices in the face of rising foreclosures and delinquencies.

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This entry was posted on Tuesday, January 26th, 2010 at 12:19 pm and is filed under FHA Mortgage. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
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    Tags: delinquencies,  Federal Housing Administration,  fees,  FHA,  foreclosures,  insurance,  market watch,  mortgage,  mortgage insurance premiums,  raises,  tightens,  underwriting, 

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