23
JAN
2015
Michael Vitali, Chief Compliance Officer at LoanLogics

What comes first, the Housing Recovery or the Economic Recovery?

Recently, the Administration has been talking loud about programs which can help more people realize their dream of home ownership. In a recent speech in Arizona, the President announced the cut in the annual FHA premium for 30 year loans of 50 basis points, explaining
16
JAN
2015
Michael Vitali, Chief Compliance Officer at LoanLogics

More Unintended Consequences

Maybe lowering the FHA annual mortgage insurance premium or reducing the required down payment are not enough to get more potential home buyers access to credit (Access to Credit). The intention of these changes is to