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2010-08-05 — housingwire.com
"The Senate approved its versions of HR 5872 and HR 5981, which would respectively raise the Federal Housing Administration's (FHA) multifamily commitment authority and allow it to hike its annual premiums for its single-family program."
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sstone16 at 19:25 2010-08-06 said:
Not sure which accountant at hud did these calculations...but it takes 3.6 years before HUD will break even (due to the decrease in the amount the collect upfront). Seems like a long time to me...what happens to the insurance fund in the mean time? Permalinkadd a comment | go to forum thread
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