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FHA Loan Outlook for 2011

Few would argue the impact the FHA loan programs have had on the mortgage market in the last four years. With FHA rates at record lows, it’s logical to think that FHA loan originations would increase in 2011. However, a recent report revealed that HUD is forecasting that the Federal Housing Administration will endorse $288.7 billion of single-family FHA loans in fiscal year 2011, a 9.4% decline from FY 2010, which ended September 30. 



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