The National Association of Mortgage Brokers Encourages the FHA to Modify Its Life-Of-Loan Premium Policy
WASHINGTON , Nov. 20, 2023 /PRNewswire-PRWeb/ -- The National Association of Mortgage Brokers (NAMB), the voice of the mortgage industry representing the interests of mortgage professionals and home buyers for 50-years, encourages the FHA and Biden Administration to end its Life-of-Loan Premium Policy.
- WASHINGTON , Nov. 20, 2023 /PRNewswire-PRWeb/ -- The National Association of Mortgage Brokers ( NAMB ), the voice of the mortgage industry representing the interests of mortgage professionals and home buyers for 50-years, encourages the FHA and Biden Administration to end its Life-of-Loan Premium Policy.
- "Immediately ending the FHA life-of-loan premium policy is an urgent matter which elected officials in Washington D.C. should address promptly to bring relief to borrowers across the United States," said Valerie Saunders, NAMB President.
- "FHA policy should be aligned with similar policies adhered to by the GSEs.
- The National Association of Mortgage Brokers has been the voice of the mortgage industry representing the interests of mortgage professionals and homebuyers since 1973.