The Consumer Federation of America (CFA) is calling for policy changes that would help alleviate the difficulties for homebuyers using Federal Housing Administration (FHA) loans when competing in tight markets.

Buyers using FHA loans often face stigmas and cannot use many of the competitive strategies commonly utilized by conventional borrowers and cash buyers, according to a recent report from the CFA. 

“As first-time homebuyers and homebuyers of color disproportionately rely on FHA, the stigma of this mortgage product makes it even harder for them to buy a home,” according to the report authored by the CFA’s Sharon Cornelissen and Austin details ⇒

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