http://www.fhaloanpros.com/2008/08/fha-program-soars-as-mortgage-market-falters/ The Unofficial Guide to FHA Loans & Mortgages Tue, 17 May 2011 20:16:59 +0000 hourly 1 http://wordpress.org/?v=3.0.1 http://www.fhaloanpros.com/2008/08/fha-program-soars-as-mortgage-market-falters/#comment-23170 John Skaggs Fri, 22 Aug 2008 19:55:24 +0000 http://www.fhaloanpros.com/2008/08/fha-program-soars-as-mortgage-market-falters/#comment-23170 Peter, If the Stimulus Package had included the FHA Hecm program, the FHA loan volume would have been much bigger. The FHA reverse mortgage program was snubbed and now the FHA Reform Bill HR3221 which includes reverses is being delayed until possibly January 1st, 2009. Many seniors may not be able to take advantage of the higher loan limits offered because values are declining. Peter, If the Stimulus Package had included the FHA Hecm program, the FHA loan volume would have been much bigger. The FHA reverse mortgage program was snubbed and now the FHA Reform Bill HR3221 which includes reverses is being delayed until possibly January 1st, 2009. Many seniors may not be able to take advantage of the higher loan limits offered because values are declining.

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