Tag Archives: mortgage insurance

FHA’s solvency plan isn’t fair

The government insurer, which may or may not be in need of a bailout, plans to generate $10 billion by locking middle class borrowers into high fees for decades. FORTUNE — This is what you call kicking ’em when they’re down. Consumers who don’t have a lot of cash to put down when buying a house usually have to pay a higher rate than typical borrowers for the first few… Read More »