April 19, 2024 10:31 pm
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Will Trump overturn FHA mortgage reduction?

Will it be a delay or an indefinite delay?

By Ben Lane | HousingWire

White House

[Update: This article is updated with a statement from the Trump transition team provided to Lorraine Woellert of Politico.]

When Ben Carson, President-elect Donald Trump’s choice to lead the Department of Housing and Urban Affairs, appeared last week before the Senate Committee on Banking, Housing, and Urban Affairs, one of the topics of discussion was the outgoing administration’s recent decision to cut Federal Housing Administration mortgage insurance premiums on its way out the door.

At the time, Carson said that the Trump administration plans to “really examine” the Obama administration’s decision to cut FHA premiums before determining a course of action.

Continued:

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