The FHA Today: Abridged Version

Check out this post from the Mortgage Cicerone that is chock full of information. It’s got information on DPAs, FHA benefits, and helpful lists with random FHA info and guidelines. Good insight and lots of information crammed in there. Here’s an excerpt:

FHA not only helps people buy a home, but helps them keep it as well. In return for protecting lenders against loss, FHA requires financial institution to offer assistance to borrowers experiencing difficulty making mortgage payments.

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