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new fha mip rule: FHA Mortgage Insurance Changes: Is The New Rule Still On Track? - 11/25/07 01:08 AM
It seems the upcoming changes in FHA mortgage insurance rates haven't drawn much attention. Looks like that may be changing according to this news item that I saw on Bloomberg.com this morning.
You can find the full article here: Three U.S. Senators Trying to Block New Federal Housing Rule
According to Bloomberg:
Three U.S. senators are trying to block a new Bush administration rule that congressional auditors said would unfairly hamper African-Americans trying to finance their first home purchase.
I had not thought about the rule in those terms at all, but according to the article:
The rule would impose a … (1 comments)

 
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