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

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.

Event Registration is Closed
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 this day.
No events scheduled today.
No events scheduled this day.
No events scheduled this day.