This is not legal advice for your situation*

ML 08-22: HUD Announces Moratorium on FHA Risk-Based Premiums

HUD announces a one-year moratorium on premium pricing in accordance with FHA's risk-based premium structure.  The notice provides directions for FHA-approved mortgagees to ensure their compliance with the moratorium that commences October 1, 2008.  To view the notice, click here.  For more information, please refer to ML 2008-22.




*This article is distributed to provide general information about the subject matter covered and should not be utilized as a substitute for professional advice in specific situations. If you require such advice, please consult with your own professional advisers.