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Loan Modification

: Mortgage Lender Implode-o-Meter

HA Backs Record Number of Mortgages in 2009

By Implode-Explode Heavy Industries

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"FHA mortgages have become increasing popular in recent years. Yesterday there was a report from the Federal Financial Institutions Examination Council (which I found via Housingwire) that found the Federal Housing Administration (FHA) insured 37 percent of all mortgages originated in 2009. In 2008 FHA insured 26 percent of mortgages and 7 percent in 2007. This is a huge increase in volume for FHA and is somewhat disconcerting when the FHA?s insurance fund is considered."

Full post as published by Mortgage Lender Implode-o-Meter on September 21, 2010 (boomark / email).

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