Monday, December 5, 2022
HomeSubject AreaWashington ReportNAR Urges Mortgage Insurance coverage Premium Discount and Ending Lifetime of Mortgage...

NAR Urges Mortgage Insurance coverage Premium Discount and Ending Lifetime of Mortgage Requirement


On Wednesday, October 12, 2022, NAR joined a coalition letter with trade commerce teams as a part of the Black Homeownership Collaborative to Secretary Marcia Fudge and the Division of Housing and City Growth (HUD), urging a discount of the annual mortgage insurance coverage premium and ending the lifetime of mortgage requirement.

Decreasing the annual mortgage insurance coverage premium and ending the lifetime of mortgage requirement is a powerful step the Federal Housing Administration and HUD can take to make sure low to moderate-income and first-time homebuyers stay aggressive within the housing market and obtain homeownership. 

Coalition Letter to the Division of Housing and City Growth



Supply hyperlink

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Recent Comments