FHA suspends annual mortgage insurance decreases until further notice.
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Rule Synopsis: [tweet-start]FHA suspends lower mortgage insurance premiums effective immediately![tweet-end] Mortgagee Letter 2017-01, reducing Annual Mortgage Insurance Premiums for loans with a Closing/Disbursement date on or after January 27, 2017, has been suspended indefinitely. Interpretive Comments Citing that “more analysis and research are deemed necessary to assess future adjustments,” FHA made a lot of delayed […]