On January 30, 2017 NAR sent a letter to HUD secretary Designee, Dr. Benjamin Carson. The letter urges the FHA to reinstate the 25 basis point premium reduction and remove the life of loan premium as soon as possible. Homeownership is a key element of the American Dream and FHA makes that dream possible for millions of Americans. THe letter further expressed NAR's readiness to work with the new Administration to ensure FHA’s continued health and necessary participation in the housing market.
NAR Letter to HUD Secretary Designee Carson Regarding the FHA MIP Reduction
Issue Date: January 30, 2017
On January 30, 2017 NAR sent a letter to HUD secretary Designee, Dr. Benjamin Carson. The letter urges the FHA to reinstate the 25 basis point premium reduction and remove the life of loan premium as soon as possible. Homeownership is a key element of the American Dream and FHA makes that dream possible for millions of Americans. THe letter further expressed NAR's readiness to work with the new Administration to ensure FHA’s continued health and necessary participation in the housing market.
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