FHA Lending Picks Up, But Delinquency Deteriorates

Monthly residential business moved higher at the Federal Housing Administration, but so did the rate of past-due payments. Commercial lending activity, however, was mixed.

As of May 31, FHA insurance was in force on 8,448,630 residential loans — including single-family loans, home-equity conversion mortgages and Title I loans — for $1.2414 trillion.

FHA’s book of business grew from a month earlier, when the total was 8,447,949 loans for $1.2397 trillion, and a year earlier, when it stood at 8,319,924 loans for $1.2011 trillion.


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From:: Financing

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