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FHA’s Penalties, Deadlines Lead to Steep Servicing Costs 

Mar 01, 2018By

Servicing a troubled Federal Housing Administration-backed loan costs three times as much as a loan from government-sponsored enterprises (GSEs) — largely due to the FHA’s steep penalties for any missteps during the process. Writing in a new report for the Urban Institute, a group of researchers claims that the FHA and Department of Housing and […]