The FHA is no longer insuring mortgages for anyone with a credit dispute of more than $1K. One...

|By:, SA News Editor

The FHA is no longer insuring mortgages for anyone with a credit dispute of more than $1K. One attorney estimates the action could result in a 33-50% decrease in FHA originations this year. The FHA is under pressure - with the word bailout being tossed around - as its capital has slipped well beneath mandated levels.