FHA MI Cancellation Policy Conflicts with Reg. Z

The new mortgage insurance policy that went into effect June 3 raises the cost of newly originated FHA loans (with LTVs above 90%) because the insurance can no longer be canceled.

Article source: http://www.nationalmortgagenews.com/dailybriefing/fha-mi-cancellation-policy-conflicts-with-reg-z-1036932-1.html

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