Looks like there is hope after all. I had feared that FHA mortgage reform would die a slow death once the FHA limits were raised as part of the recent fiscal stimulus package. But it looks like FHA reform is actually moving ahead.

According to Congressional Quarterly, (in an article highlighted on the KnowledgePlex website since viewing the original requires a subscription) the major stumbling block to moving forward with the bill has been the House of Representatives’ addition of an affordable housing trust fund to their version of the bill. An agreement has been reached to move ahead without either establishing nor pre-empting the fund.

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