FHA Lending Projected to Be Big in 2009
Market research company iEmergent expects the FHA to be a major player in the mortgage market this year, according to their 2009 forecast released today.
The company currently forecasts 1.4 million owner-occupied FHA purchase loans in 2009, representing total purchase volume of $245.9 billion.
When you factor in refinance transactions, that number could be as high as $400 billion.
Part of the Read more