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Mutual Mortgage Insurance Fund

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What do HUD’s reverse mortgage changes mean for FHA mortgage insurance premiums? 

Aug 30, 2017By

Since the suspension of mortgage insurance premium cuts back in January, the Trump administration has been silent on any plans to ever bring it back. But that silence finally broke on Tuesday when HUD discussed updates to its reverse mortgage program. From the outside, the updates don’t involve FHA mortgage insurance premiums, but do provide an overall assessment of the health of the FHA’s Mutual Mortgage Insurance Fund, which is essential to any future cuts.