Tag Archives: FHA to lower refinance premiums

The Federal Housing Administration will lower refinance premiums, and major mortgage servicers will provide relief to wrongfully foreclosed military members, the White House said. President Barack Obama detailed the new housing measures in a press conference Tuesday afternoon, as voters in 10 states head to polls in the latest primary battle between Republican presidential candidates. “This is not something the government by itself can solve,” Obama said. “But I’m not one of those people who can sit around and wait for the housing market to hit bottom.” The FHA will […]