FHA Watch, December 2012

Article Highlights

  • FHA Denial Dial falls yet again.

    Tweet This

  • Nightmare at FHA project details FHA's failure to meet its lending mission.

    Tweet This

Subscribe to AEI's Financial Services emails.

Read Issue 11, November 2012.
Read Issue 10, October 2012.
Explore the Nightmare at FHA Project.

FHA Watch, No. 12, December 2012

Download PDF

This Issue’s Highlight
Mission Misfire: 50 Years of Failure at the FHA

Since 1962, the Federal Housing Administration (FHA) has been selling the American dream of homeownership, but delivering despair. For 50 years, commentators have pointed out how FHA’s poorly designed underwriting policies result in financing failure for working-class families and a plague of foreclosures for working-class communities.

This Month’s Features

Spotlight on the FHA’s Mission Misfire
50 Years of Failure at the FHA

Spotlight on Insolvency
FHA’s Estimated GAAP Net Worth Equals –$26.27 Billion, with a Capital Shortfall of $46–65 Billion

Spotlight on Delinquency
Overall Delinquency Rate Declines Slightly

Spotlight on Best Price Execution
FHA’s Pricing Dominance Eases as the FHA Announces Premium Changes

The Road Map to FHA Reform
Fundamental and Comprehensive Reform of the FHA Is Urgently Needed

Also Visit
AEIdeas Blog The American Magazine
About the Author

 

Edward J.
Pinto

What's new on AEI

Holder will regret his refusal to obey the Constitution
image 'Flood Wall Street' climate protesters take aim at their corporate allies
image 3 opportunities for better US-India defense ties
image Is Nicolás Maduro Latin America's new man at the United Nations?
AEI on Facebook
Events Calendar
  • 29
    MON
  • 30
    TUE
  • 01
    WED
  • 02
    THU
  • 03
    FRI
Thursday, October 02, 2014 | 9:00 a.m. – 10:30 a.m.
Campbell Brown talks teacher tenure

We welcome you to join us as Brown shares her perspective on the role of the courts in seeking educational justice and advocating for continued reform.

Friday, October 03, 2014 | 12:00 p.m. – 1:00 p.m.
Harnessing the power of markets to tackle global poverty: A conversation with Jacqueline Novogratz

AEI welcomes you to this Philanthropic Freedom Project event, in which Novogratz will describe her work investing in early-stage enterprises, what she has learned at the helm of Acumen, and the role entrepreneurship can play in the fight against global poverty.

No events scheduled this day.
No events scheduled this day.
No events scheduled today.
No events scheduled this day.
No events scheduled this day.
No events scheduled this day.