April 25, 2024

FHA Lending Continues to Plunge – FHA Doing More Harm Than Good for Most Home Buyers

The number of FHA originations continues to spiral downward according to the latest FHA Production Report from the Department of Housing and Urban Development (HUD). Total applications received for FHA mortgages declined to 71,011 in January 2014 down by almost 49% from the previous year’s comparable month.  The large majority of FHA loans are for […]