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Homes of Cards: FHA’s Reserve Ratio Dips Below Government Mandated Threshold

Posted on November 12th, 2009 12:00pm by Candy Evans
Filed under Changing market trends in Real Estate, Real Estate

Are we worried? With even more foreclosures on the horizon? By the way, I just read that one in four home buyers is interested in foreclosures. That’s the mentality that’s really hurting “normal” home sales.

But most experts say no to worry, FHA has changed guidelines and rules and is actually check credit scores now.

I guess I just like to fret, eh?

One Comment to “Homes of Cards: FHA’s Reserve Ratio Dips Below Government Mandated Threshold”

Mark @ November 13th, 2009 at 12:10 pm

I am worried though because the FHA has only barely changed guidelines. There are already reports of individuals getting loans with 3.5% down even though they have 2 foreclosures on their record.

The government has not learned a thing because they care more about votes than long term costs.

There is a reason I now invest all my money abroad.