ShareOn January 26, 2015, the Federal Housing Administration’s (FHA) 50 basis point mortgage insurance premium (MIP) reduction goes into effect. FHA expects a high volume of case number assignments beginning on the 26th, so lenders may experience slower than normal processing times. For additional information, the FHA has posted frequently asked questions about the MIP reduction as well as case number cancellation instructions on its website.
Case Number Cancellation Instructionspdf
Notice: The information on this page may not be current. The archive is a collection of content previously published on one or more NAR web properties. Archive pages are not updated and may no longer be accurate. Users must independently verify the accuracy and currency of the information found here. The National Association of REALTORS® disclaims all liability for any loss or injury resulting from the use of the information or data found on this page.