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  1. FHA Updates Initial MIP Formula for Reverse Mortgage Refinances

    ... has updated and clarified its formula by which the initial mortgage insurance premium is calculated for refinanced Home Equity Conversion Mortgages ...

    Mortgage News Ticker - 2018-01-02 10:40

  2. News From NAMB: November 3, 2017

    ... Lock Alerts, read industry news, get answers to your UWM and mortgage questions and more. Plus, the new UWM.com seamlessly integrates with ... Perhaps that is because it is not clear if FHA insurance would also terminate at 78% when the borrower stops paying premiums. ...

    John Councilman - 2017-11-03 15:02

  3. News From NAMB: August 31, 2017

    ... the second quarter, up from 34 percent a year ago. In the mortgage market, they accounted for 57 percent of all purchase mortgages ... in U.S. history.  The vast majority of homes had no flood insurance.  Only 15% of homes in Harris Country, which includes Houston, have ...

    John Councilman - 2017-08-31 17:20

  4. HUD Updates MIP for HECM Program

    ... (HUD) has announced changed to its Home Equity Conversion Mortgage (HECM) program.   In a statement issued by HUD, the department noted that the initial mortgage insurance premium (MIP) will become two percent of the maximum claim account, ...

    Phil Hall - 2017-08-29 17:23

  5. Analysis: Did the Media Misreport the Trump FHA Action?

    ... communicates that Mortgagee Letter 2017-01 , reducing Mortgage Insurance Premiums for loans with Closing/Disbursement date on or after Jan. ...

    Phil Hall - 2017-01-23 16:10

  6. Trump Suspends FHA Mortgage Insurance Premium Reduction

    ... the reduction in the Federal Housing Administration (FHA) mortgage insurance premium that was announced last week has been suspended indefinitely. ...

    Phil Hall - 2017-01-20 15:29

  7. News From NAMB: January 6, 2017

    ... From NAMB is sponsored exclusively by United Wholesale Mortgage .  United Wholesale (Advertisement) Looking for a ... Historically, FHA did fine with a .55% annual mortgage insurance premium. Is Gender Identity Training in Your Future? HUD ...

    John Councilman - 2017-01-06 00:32

  8. The End of Interest Rate Selling

    ... and consumers were afraid of the term “Adjustable-Rate Mortgage.” So the only refinancing to be done is lowering interest rates. Now ... that those same loan officers are trying to sell mortgage insurance premium (MIP) removal, they are having a hard time conveying the ...

    NationalMortgageProfessional.com - 2016-03-21 18:14

  9. News Form NAMB: February 19, 2016

    ... From NAMB is sponsored exclusively by United Wholesale Mortgage (UWM) .  United Wholesale (Advertisement) UTrack ... are no plans at FHA to have early removal of FHA mortgage insurance. Golding fielded numerous questions from Committee members after ...

    John Councilman - 2016-02-19 11:00

  10. News From NAMB: November 19, 2015

    ... From NAMB is sponsored exclusively by United Wholesale Mortgage .  United Wholesale (Advertisement) Are you ... two percent mandated reserve requirement. FHA's emergency insurance fund has a value of $23.8 billion with a capital ratio of 2.07 ...

    John Councilman - 2015-11-19 16:16