The Federal Housing Administration (FHA) on Tuesday issued a request for feedback from the public on how it can increase access to small balance mortgages through its single-family mortgage insurance programs.

The Department of Housing and Urban Development (HUD) back in April said it would be taking a hard look at small balance mortgages, which typically have balances less than $200,000 and are hard to find.

“The input we receive through this RFI will help us better understand how FHA can make small mortgages more broadly available and affordable for those who need them,” said FHA Commissioner details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com