Is Trump’s suspension of FHA mortgage insurance premium cut good or bad? – Housing Wire 1/20/2017

Suspended indefinitely

January 20, 2017

by  Brena Swanson

From the above-referenced Housing Wire article:  “Scott Olson, the Community Home Lenders Association’s executive director, is hopeful that the cut will stick around after review.  ‘Based on the prior administration’s lack of communication on the FHA premium reduction, we believe the decision to review such action prior to implementation is prudent.  We are confident the review will support a premium cut,’ said Olson.  ‘Our hope is the Administration will conduct a comprehensive review of housing policies and implement changes that will help millions of Americans who have been left out of homeownership for far too long,’ continued Olson.”

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