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Audit Shows FHA Fund is Healthy, Time to Lower Mortgage Insurance Premiums, Say Realtors®

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WASHINGTON (November 17, 2014) – The following is a statement by National Association of Realtors® President Chris Polychron:

“NAR is pleased that the 2014 Actuarial Review of the Federal Housing Administration released today confirms that the Mutual Mortgage Insurance Fund is healthy and continues its positive trajectory. The ongoing decline in delinquencies and stabilizing home values indicate that FHA will stay on track to rebuild its capital reserve fund and ultimately meet the 2 percent excess reserve amount required by Congress. … Read More

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