The end of the payroll tax cut did not result in a rollback of the increased MIP, in fact, exactly one month later, astonishingly, HUD issued Mortgagee Letter 2013-04 on January 31st, 2013, actually INCREASING the MIP and closing loopholes to existing FHA mortgage borrowers to prevent them from eliminating MIP through equity growth.

FORBES: Engineering Homeownership For Non-Homeownership Candidates