In an article published by 11 Alive on Jan. 24, 2017, Simon Bloom offers insight to President Trump’s executive order on mortgage insurance premiums and credit relief reversal. The article details that this executive order, which cancels a reduction in federal insurance premiums, will not have any impact on who is able to afford home loans and who is not.

Bloom emphasizes, “If you could qualify for an FHA loan in 2016, you’re still going to be able to qualify for that loan in 2017.” He goes on to say, “I don’t believe President Trump wanted a policy directive from the previous administration to dictate his course of action. There’s something to be said for the government helping people buy houses, but the fact is that home ownership simply is not for everyone. And people need to know that it’s going to be business as usual in that regard for the foreseeable future.”

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