Mortgage and Real Estate Blog

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FHA loan market share shrinking

The Federal Housing Administration (FHA Loans) saw its share of the mortgage insurance market soar to 72 percent of all insured mortgages issued in 2008, and to just 25% of the total origination market in 2009 as other lenders pulled back and FHA moved into one of the two roles it was designed to fill, as a counterforce providing access to credit when the private sector pulls back, typically because of economic stress.

Since then that share has steadily declined and FHA is back down to around 15-17 percent.

Why?

Read the full story HERE

 

Comment balloon 2 commentsJoseph Metzler • February 27 2015 08:27AM
FHA loan market share shrinking
share
The Federal Housing Administration ( FHA Loans ) saw its share of the mortgage insurance market soar to 72 percent of all insured mortgages issued in 2008, and to just 25% of the total origination market in 2009 as other lenders pulled back and FHA… more