Industry News

HUD won’t raise multifamily mortgage insurance rates

Builders welcome decision to hold the line on FHA rates
Published on Jan 14, 2008

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by CareyBot

The Department of Housing and Urban Development has dropped plans to increase mortgage insurance premiums on loans to for-profit developers who build or renovate multifamily rental and cooperative housing for moderate-income families, the elderly and handicapped residents. HUD gave notice ...

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