On the recordMarch 12, 2013
No borrower with common sense would use FHA over private sector mortgage insurance, because of cost alone, if it were available.
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congress.govGARY G. MILLER: “No borrower with common sense would use FHA over private sector mortgage insurance, because of cost alone, if it were…”
Editor's note · Context
Miller argues that FHA loans are less cost-effective than private mortgage insurance.
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