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Trump cancels Obama’s mortgage premium cuts – real estate brokers and closing agents suspending the 0.25 percentage point premium rate cut for Federal Housing Administration-backed loans. That cut would have saved home buyers about $29 a month on.
FHA Cuts Mortgage Insurance Premiums By 0.25% – Part of the purpose in cutting premiums is to offset the impact of rising interest rates. mortgage experts said it would be an opportune time for the FHA to once again reduce its insurance premiums.
Trump already suspends Obama-era FHA mortgage insurance cut – Castro said FHA’s reserves, which premiums help bolster, were healthy enough to withstand lower revenues. In 2013, FHA required a bailout of $1.7 billion when its reserves fell short. Read: After.
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Trump's first executive action: Cancel Obama's mortgage. – Trump’s first executive action: Cancel Obama’s mortgage premium cuts. In the first hour of Trump’s presidency, the U.S. Department of Housing and Urban Development sent a letter to lenders, real estate brokers and closing agents suspending the 0.25 percentage point premium rate cut for Federal Housing Administration-backed loans. That cut would have saved home buyers about $29 a month on a $200,000 mortgage.
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Trump takes away FHA mortgage insurance premium cut not long. – Trump takes away FHA mortgage insurance premium cut not long after being sworn into office. in the FHA mortgage insurance premium that was announced earlier in the week by outgoing U.S.
Trump Administration Halts Mortgage Premium Rate Cut for Americans With FHA Loans – The freshly-inaugurated Trump administration has halted a cut to the FHA mortgage insurance premium that Obama’s team announced during his final days in office. The Department of Housing and Urban.
Trump Administration Suspends Cut in FHA Mortgage Insurance Rate – The rate cut, introduced by the U.S. Department of Housing and Urban Development on 9 January, would have reduced the annual fha insurance premium on new mortgages for lower- and middle-income and.
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NatWest ends buy-to-let mortgage lending block on benefits. – The policy change will apply from today to new and existing customers and cover all UK brands within the Royal Bank of Scotland (RBS) group, including RBS and Ulster Bank.. The block on tenants receiving benefits was highlighted by McAleer who was told by NatWest to either remortgage with another lender or evict her vulnerable tenant claiming benefits.