FHA Home Loans Refinancing

FHA Loan Default Rate Signals Wave of Home Foreclosures

02.02.10

The percentage of borrowers who are delinquent on FHA loans backed by the Federal Housing Administration jumped by more than a third in the past year, signaling a new wave of home foreclosures that could further buffet an agency vital to the housing market’s recovery.  About 9.1% of FHA loan borrowers had missed at least three payments [...]

FHA Loan Default Rate Signals Wave of Home Foreclosures

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