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Live News REGULATION ARTICLE M impact

Trump Signs Order Targeting Single-Family Homeownership and Mortgage Costs

The order directs the FHFA director to create a pilot program to proactively cancel some borrowers’ mortgage insurance premiums.

WASHINGTON (dpa-AFX) - President Donald Trump has signed an Executive Order to lower the costs of single-family homeownership and mortgages.The Order directs the Director of the Federal Housing Finance Agency to create a pilot program to cancel borrowers' mortgage insurance premiums proactively onc…