On August 4, the Senate passed H.R. 5981, a bill giving the FHA more flexibility to adjust its premiums for single-family housing mortgage insurance by allowing it to raise its annual premium from the current maximum of 0.55% to a maximum of 1.55%. H.R. 5981.
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Senate passes FJA bill
- Orrick Herrington & Sutcliffe LLP
- USA
- August 6 2010
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Dr Jürgen Fegbeutel
Legal Services Director
BMW (South Africa) (Pty) Ltd