The government insured slightly fewer home-related loans in the most-recent month of activity. Loan performance was also slightly worse on a month-over-month basis.
The Federal Housing Administration endorsed 101,742 loans — including single-family loans, reverse mortgages and Title I loans — during April for $19.917 billion.
Activity, according to an analysis of Department of Housing and Urban Development data, slowed from March, when 104,181 loans were endorsed for $20.316 billion.
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From:: Financing