LIHTC mortgage insurance premiums down

HUD announces multifamily mortgage insurance premium (MIP) changes today, including a reduction to 45 basis points for "all sections of the National Housing Act where the mortgagor equity is produced from the proceeds of the sale of low-income housing tax credits." Comments on the rate changes are due via Regulations.gov or EDocket by September 29.

Also in today's Federal Register, Fannie Mae and Freddie Mac are changing their civil money penalty formulas.