With the Trump administration’s recent reversal of premiums on government-insured mortgages, it’s uncertain how the Federal Housing Administration will evolve.
An hour after Donald J. Trump was inaugurated as the 45th U.S. president, the Department of Housing and Urban Development reversed a planned FHA premium cut.
Trump’s nominee to head HUD, Dr. Ben Carson — who has not yet been confirmed by the Senate — has no history from which observers can draw from.
Source: Mortgage Daily
