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03 Dec 09
Logan Utah Mortgage rates are at Record Lows
Conventional mortgage rates are the cheapest they've been since the Primary Mortgage Market Survey started keeping track...
18 Sep 09
FHA changes align appraisal rules | Real Estate and Technology News for Agents, Brokers and Investors | Inman News
FHA loans to be more difficult to qualify for. The FHA insurance fund is running out, and they need to make sure they only give loans to people who are really qualified.
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The Federal Housing Administration will tighten credit standards and implement new rules for appraisals on Jan. 1, saying a study to be published in November is expected to show FHA's capital reserve ratio slipping below mandated minimums.
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the tighter policies will ensure that the loan guarantees remain self-sustaining and continue to be funded by premiums paid by borrowers, not taxpayers.
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