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FHA loan squeeze tightens as funds lag nationwide
The FHA housing program faces its tightest money squeeze in nearly three years with only 62 percent of HUD FHA offices reporting adequate funds for qualified loan applications. HUD notes rising mortgage money costs nation wide, with conventional rates up and regional increases across the Northeast Southeast North Central Southwest West.
MENTIONED IN THIS ARTICLE
Washington
UPS
FHA
Department of Housing and Urban Development
HUD
Federal Housing Administration
North Central
Southwest
West
Middle Atlantic