Compass Point analysts set odds of additional cut at 60%
June 1, 2016
by Ben Lane
From today’s Housing Wire article: “As for the structure of the cut itself, Compass Point said that based on its conversations, it’s more likely that the FHA will cut its annual mortgage insurance premium by roughly 30 basis points, back to its pre-crisis level of 0.55%, which is exactly what the Community Home Lenders Association asked the FHA to do in October.
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