Is FHA running out of reserves to back FHA loans?

FHA is running out of their $4.7 billion reserves –  soon they plan to raise insurance premium rates, again (they just did so in the past few months) – FHA backs $1 Trillion in mortgages and almost 10% are behind on payments. (Who knows what the normal % is..)

Will this mean a relative slowdown in FHA mortgage lending?

Will the US have enough to back FHA loans?

Will President Obama’s refinancing plans of having the FHA back millions of loans backfire on taxpayers?


References to products and services are not a specific endorsement, but the user must perform their due diligence and investigate whether the product or service is right for them. I welcome any or all comments that would help others.

This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply