Mortgage Insurance Explained: What It Is and How It Works

Learn about mortgage insurance, its role in protecting lenders, and the various types, including private mortgage insurance ...
HousingWire

House introduces bill to reduce mortgage insurance costs

Trade groups like the Mortgage Bankers Association (MBA) may be getting at least some of the relief they’ve been advocating for when it comes to mortgage insurance premiums. Last week, H.R. 2760 — ...
nationalmortgageprofessional.com

Mortgage Insurance Premium Tax Write-Off Back On The Table

A bevy of lawmakers, including the powerful vice chair of the U.S. House of Representatives' tax law writing committee, has introduced legislation seeking to restore the tax deduction for private ...
JD Supra

HUD proposes uniform 0.25 percent mortgage insurance premium for all FHA multifamily programs and elimination of green and affordable incentive categories

On September 23, HUD issued a notice of proposed rulemaking (NPRM) to reduce the mortgage insurance premium (MIP) to 0.25 percent for all FHA multifamily insurance programs. If finalized, the new rule ...
Fox Business

Mortgage insurance premiums on FHA loans to be reduced in March

Federal Housing Administration (FHA) loans are aimed at lower-income borrowers and are backed by the federal government. (iStock) The annual mortgage insurance premium (MIP) for FHA loans will ...