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:

Share this!

Additional Articles

News Categories

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

AG warns of ADU construction fraud

By Attorney General Kris Mayes | Pinal Post PHOENIX – Attorney General Mayes is warning Arizonans of a growing pattern of construction fraud specifically targeting homeowners seeking to build Accessory Dwelling Units

Read More »

Builder sentiment declines

By NAHB Economic uncertainty coupled with rising building material costs and interest rates resulted in a sharp decline in builder sentiment in April as the housing market enters

Read More »