Congress Moves To Prevent FHA Collapse With “FHA Emergency Solvency Act”

The latest FHA Single-Family Outlook report from the FHA shows that serious delinquencies continue to plague the FHA. The number of seriously delinquent FHA loans increased by 18.9% from last year to a record number of 711,082 mortgage loans.  FHA loans classified as seriously delinquent amount to 9.6% of all FHA insured mortgages. A seriously […]