Surge in FHA Loans with Piggyback Second Mortgages Could Spell Future Problems

A recent report from CoreLogic revealed that “piggybacked purchase loans” for FHA borrowers reach a new high in June of this year. While piggybacked home purchases tend to be higher historically for those who take out FHA loans, they’ve surged in recent years. The culprit is likely high home prices, which have made it increasingly… Read More »Surge in FHA Loans with Piggyback Second Mortgages Could Spell Future Problems

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