About Jon Iacono
Jon Iacono brings his 21+ years of experience in the industry to Advisors Mortgage Group. Jon was born in Brooklyn, NY but has lived the majority of his life in Monmouth County, NJ. As a graduate of Monmouth University with a concentration in Management and Computer Science, Jon brings his training and education to Advisors Mortgage to help grow and manage the recruiting team.
Jon worked alongside many mortgage and real estate industry professionals previously with Mortgage Intelligence companies such as, Mortgage Market Guide, Loan Tool Box, Certified, Scripts for Success, CMPS, MBS Highway, Turning Point CRM and more. Jon gives back to his community and has been an active volunteer firefighter for the Colts Neck 84 -1 station since 2004. He enjoys staying active by playing golf, lifting weights, boxing, training Jiu Jitsu and most importantly spending time with his two kids Lily and Jonny Jr.
NAMB Urges FHA to Eliminate Lifetime Mortgage Insurance Requirement
January 19, 2026
The National Association of Mortgage Brokers (NAMB) is urging the Federal Housing Administration (FHA) to end its policy requiring lifetime mortgage insurance on FHA loans.
NAMB argues the rule is outdated, especially since the Mutual Mortgage Insurance (MMI) Fund is in a stronger financial position with improved reserves and metrics. They believe continuing the lifetime requirement unnecessarily increases costs for borrowers, particularly first-time homebuyers and low-to-moderate income families who often rely on FHA financing.
NAMB also says eliminating lifetime mortgage insurance could lower monthly housing costs, make homeownership more affordable, and potentially increase market activity by improving lending conditions. It is important to watch closely to see how the FHA responds and what the impact could be on both borrowers and the overall housing market.
Source : https://bit.ly/4qNI7nY
