Magnolia Property Solutions, LLC

Real Estate Investing

WHY THE FHA SHOULD BE OPENED TO INVESTORS

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FHA mortgages are supposed to be a vanishing species but the use of such financing  is actually on the rise despite higher costs and tougher terms.

The latest figures from HUD show that so far this year the FHA has insured 1.06 million “forward” loans — a figure that compares with 850,000 mortgages during  the same period in 2012. As to reverse loans, to this point just 44,282 have been originated versus 98,959 last year.

http://www.realtytrac.com/content/news-and-opinion/why-the-fha-should-be-opened-to-investors-7867

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