FHA fees go up - Cost to buyers in the Thousands

By
Real Estate Agent with JustListedKnoxville.com / Signature Homes

The US Department of Housing and Urban Development (HUD) removed the 1% origination fee cap on loans insured by the Federal Housing Agency (FHA), according a mortgagee letter sent out this week.

http://www.housingwire.com/2009/12/31/hud-eliminates-1-cap-on-fha-mortgages/

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