Eyes on FHA

All eyes are on FHA right now, only for the simple fact that no matter what is going on around them, they are still doing very well. The main goal of FHA is to provide home ownership to qualifying borrowers, and to keep them in those homes. It’s always the organizations that do well that get scrutinized, but because it’s a government organization they are being examined closely just to ensure that they continue to do things the right way.


There have been many changes with FHA this year, but again that is simply attributed to the fact that they are under scrutiny as a government organization. FHA is trying to make sure that every policy they implement has the homeowner’s best interest in mind. It is not always the easiest job, and of course you can’t make everyone happy. The goal though is to continue to promote home ownership, but there is only so much you can do. FHA made changes based upon the market, what they forecast is coming, and what is based on research.

There are more changes coming, which will be introduced in January 2011, but as far as all the details I don’t have them. I can tell you that the main goal for 2011 is to create balance, and to ensure that going forward everything is done with decency and professionalism to benefit all who are involved.

As always I can provide you with up to date information on FHA, and the lowest rates around. So, call me today at 310-498-2700, or you can visit my website to get started at www.fhaloansnow.net.

-Mayer Dallal