FHA Watch, July 2013 (Vol. 2, No. 7)

Article Highlights

  • PATH Act offers significant and common-sense FHA reform options.

    Tweet This

  • FHA Solvency Act not the right prescription for FHA reform.

    Tweet This

  • FHA overall delinquency rate increases...again.

    Tweet This

Subscribe to AEI's financial services emails
Articles and events on the financial services sector. Published approximately once a month.

First Name:
Last Name:
Email:
Zip Code:

Explore the Nightmare at FHA project.

This Issue’s Highlight

Representatives and Senators Release Two Draft FHA Reform Bills

Earlier this month, House Financial Services Committee Chairman Jeb Hensarling (R-TX), along with subcommittee chairs Scott Garrett (R-NJ), Randy Neugebauer (R-TX), and Shelley Moore Capito (R-WV), unveiled the Protecting American Taxpayers and Homeowners (PATH) Act of 2013. Title II encompasses the most significant and common-sense Federal Housing Administration (FHA) reform legislation in memory.

Also earlier this month, Senate Banking Committee Chairman Tim Johnson (D-SD) and ranking member Mike Crapo (R-ID) unveiled their FHA Solvency Act of 2013. Unfortunately, it is deeply flawed and does not address the need for fundamental reform of the FHA.

This Month’s Features

Spotlight on FHA Reform Legislation
Representatives and Senators Release Two Draft FHA Reform Bills

Spotlight on Insolvency
FHA’s Estimated GAAP Net Worth Equals –$26.21 Billion, with a Capital Shortfall of $46–66 Billion

Spotlight on Delinquency
Overall Rate Increases to 15.53 Percent in June from 14.46 Percent in May

Spotlight on Best Price Execution
FHA, VA, and USDA Pricing Dominance Increase

Also Visit
AEIdeas Blog The American Magazine
About the Author

 

Edward J.
Pinto

What's new on AEI

Making Ryan's tax plan smarter
image The teacher evaluation confronts the future
image How to reform the US immigration system
image Inversion hysteria
AEI on Facebook
Events Calendar
  • 01
    MON
  • 02
    TUE
  • 03
    WED
  • 04
    THU
  • 05
    FRI
Wednesday, September 03, 2014 | 9:00 a.m. – 10:30 a.m.
From anarchy to Augustus: Lessons on dealing with disorder, from Rome’s first emperor

We invite you to join us for two panel discussions on how Augustus created order from chaos 2,000 years ago, and what makes for durable domestic and international political systems in the 21st century.

Wednesday, September 03, 2014 | 12:00 p.m. – 1:30 p.m.
Multiple choice: Expanding opportunity through innovation in K–12 education

Please join us for a book launch event and panel discussion about how a marketplace of education options can help today's students succeed in tomorrow's economy. Attendees will receive a complimentary copy of the featured book.

Thursday, September 04, 2014 | 12:00 p.m. – 1:30 p.m.
How conservatives can save the safety net

Please join us for a luncheon event in which our panel will discuss what conservatives can learn from how liberals talk and think about the safety net and where free-market economics, federalism, and social responsibility intersect to lift people out of poverty.

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