Sunday, August 2, 2009

FHA Guaranteed 186,000 Loans or 46%

Federal Housing Administration (FHA) guaranteed 186,000 mortgages in June, a record number in its 75 year history. FHA loans accounted for about 46% of all mortgage applications this past year.

Source: The Wall Street Journal, Nick Timiraos (07/20/2009)

No comments:

Post a Comment