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Mortgage Regulation

About Time! HUD Introduces Risk-Based Premiums for FHA Loans

Posted by jberman - July 16, 2008 - Mortgage Regulation

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A new risk-based premium program for FHA loans went into effect July 14, 2008. Until two days ago, FHA loans, which are government backed programs, charged all borrowers the same regardless of credit score or loan to value. The one size fits all plan is gone. Here are the changes that consumers need to know. [...]

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