What’s Behind the Jump in FHA Mortgage Delinquencies

housing-finance

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Wharton's Benjamin Keys and Mike Fratantoni of the Mortgage Bankers Association discuss the recent spike in FHA mortgage delinquencies.

According to the Mortgage Bankers Association, Federal Housing Administration (FHA) mortgage delinquencies spiked in the fourth quarter for the first time since 2006. How does this affect FHA loans, which are a favorite for first-time home buyers? Wharton real estate professor Benjamin Keys and Mike Fratantoni, chief economist for the Mortgage Bankers Association, recently appeared on the Knowledge@Wharton show on Wharton Business Radio on SiriusXM channel 111 to discuss what is causing the increase in delinquencies and how it could impact the U.S. housing market.

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"What’s Behind the Jump in FHA Mortgage Delinquencies." Knowledge@Wharton. The Wharton School, University of Pennsylvania, 23 February, 2017. Web. 30 March, 2017 <http://knowledge.wharton.upenn.edu/article/mortgage-delinquencies-housing-market/>

APA

What’s Behind the Jump in FHA Mortgage Delinquencies. Knowledge@Wharton (2017, February 23). Retrieved from http://knowledge.wharton.upenn.edu/article/mortgage-delinquencies-housing-market/

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"What’s Behind the Jump in FHA Mortgage Delinquencies" Knowledge@Wharton, February 23, 2017,
accessed March 30, 2017. http://knowledge.wharton.upenn.edu/article/mortgage-delinquencies-housing-market/


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