Carol Galante Quits FHA Commissioner Role

Federal Housing Administration Commissioner Carol Galante announced that she would resign by the end of the year.

FHA Set To Raise Premiums on Mortgages

The Federal Housing Administration has just announced plans to raise premiums on most new mortgages by 10 basis points (0.1%), meaning that the average borrower can expect a $13 increase on their monthly repayments, according to reports.

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