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The Trump administration is ending HUDs mortgage payment program officially in Sept.
2025-04-17
69 words
1 min read
The Trump administration is ending HUDs mortgage payment program officially in Sept.
“The FHA made 556,841 ‘incentive payments’ to servicers over the past year to prevent foreclosures—nearly as many as the new mortgages it insured,” says the WSJ editorial. “Government-backed mortgage relief has become a cash cow for servicers, some of which originated the risky loans they are paid not to foreclose. Moral hazard, anyone?”
https://nevadacurrent.com/2025/04/17/trump-ends-fha-covid-era-mortgage-assistance/
@OneStopPatriot
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