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re: FHA: Insurance premiums for mortgages will no longer be phased out at 78%

Posted on 1/31/13 at 12:08 pm to C
Posted by bubbz
Baton Rouge
Member since Mar 2006
22826 posts
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Posted on 1/31/13 at 12:08 pm to C
Man that's some BS.

I dont remember reading anything about the market/appraisal not having an effect on the pmi ether.
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Posted by GFunk
Denham Springs
Member since Feb 2011
14966 posts
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Posted on 1/31/13 at 12:46 pm to bubbz
Lots of folks who have never and will never flood in their lives that are now helping recapitalize the National Flood Insurance Program. Once its done, they'll probably get rezoned out of the area on new maps.

All I can say is...You voted for it.
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