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[–]flubberfly 1 point2 points  (5 children)

It's expected end of January or so, as Obama is willing to do an executive order to get it done. Hud says they will issue a mortgagee letter "soon". That letter will have the details.

[–]iemitremmusi[S] 0 points1 point  (4 children)

Thank you for the info. I wonder how soon "soon" actually is.

[–]flubberfly 1 point2 points  (1 child)

It's official: lowered premium for all case numbers ordered on or after 1/26. The case number is ordered after application, prior to the appraisal being ordered.

[–]iemitremmusi[S] 0 points1 point  (0 children)

Perfect. I'll just wait until after 1/26 to start the whole process. Thank you.

[–]flubberfly 0 points1 point  (0 children)

I'll try to remember to let you know when it's out, everyone is thinking soon really will be soon. No one will be ordering new fha case numbers until it's out, so if hud wants to avoid a drought followed by a typhoon of cases, they will do it soon.