More FHA borrowers are using piggyback loans that bear watching: CoreLogicFlávia Furlan NunesHousingWire
Piggyback mortgages — those involving a first and second lien at origination — are on the rise among first-time and low- to moderate-income borrowers who face affordability challenges. This is according to a CoreLogic report published on Monday. The share of piggybacked Federal Housing Administration (FHA) home purchase loans rose…
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