Relevant:
- FHA bailout inches closer -- FHA defaults surge 26 percent while upping mortgage insurance premiums to make loans more expensive. Foreclosure starts outnumber foreclosure sales 3 to 1.
- The $3.6 Trillion Leveraged Loan Wall of Debt
- FHA Loans Insured but Costly
- purchase mortgage demand hits 2011 high
- The shadow bailout of the commercial real estate industry
2013-04-01 — doctorhousingbubble.com
``The FHA under GAAP analysis is basically in a -$32.13 billion position on $1.1 trillion in guaranteed loans. Is this an issue? Well it is for these loans since mortgage insurance premiums are going to become even more expensive in the next few months for good reason. One major change is the duration of MIP on loans. This will now be extended for the life of the loan''
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