Regulation & law · 02/10/2006

HUD Withdraws Proposal to Increase Multifamily Mortgage Insurance Premiums for FY2007

The U.S. Department of Housing and Urban Development (HUD) has withdrawn its proposal to increase mortgage insurance premiums (MIPs) for Federal Housing Administration (FHA) multifamily mortgage insurance programs for Fiscal Year (FY) 2007, following an overwhelming public response to the proposed changes.