At the MBA, Stevens should not only be an advocate for big banks, but small and mid-sized mortgage banking firms as well, says Pete [...]
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“This quarter point increase in the annual MIP is a responsible step towards meeting the Congressionally mandated 2 percent reserve threshold, while allowing FHA to remain the most cost effective mortgage insurance option for borrowers with lower incomes and lower down payments,” David H. Stevens. [...] “FHA has an unprecedented opportunity to fulfill its mission by helping many homebuyers find affordable housing while contributing to neighborhood stabilization,” Shaun [...] |
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