FHA Watch, June 2013 (Vol. 2, No. 6)

Article Highlights

  • Loose lending practices must be stopped to avoid Subprime 2.0.

    Tweet This

  • FHA stress test losses may have hit $115 billion.

    Tweet This

  • The nightmare at FHA continues.

    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

Subprime 2.0: The Affordable Housing Nightmare Continues

At the Bipartisan Policy Center’s recent conference entitled “Housing Finance Reform: Is Inertia Gaining Momentum?” representatives of the Government Mortgage Complex called for a repeat of the failed government “affordable housing” experiment begun in the early 1990s. America’s homeowners ultimately lost trillions in this failed government “affordable housing” experiment. Loose lending was the tool used to drive the homeownership rate and home prices to unsustainable levels.

This Month’s Features

Subprime 2.0: The Affordable Housing Nightmare Continues
Calls for Unsustainable Lending Mount

Spotlight on Insolvency
FHA’s Estimated GAAP Net Worth Equals –$27.22 Billion, with a Capital Shortfall of $47–67 Billion

Spotlight on Delinquency
Overall Rate Declines to 14.46 Percent

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

Spotlight on FHA’s Mission Misfires
Stress Testing: What’s Good for the Goose Is Good for the Gander

End the Nightmare at FHA
Common-Sense 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

Retirement crisis is hyped
image Why the Foley beheading will force Obama to continue US airstrikes
image How the New York Times misguides their readers on Internet regulation
image US still has time to stake out a position of strength on Ukraine
AEI on Facebook
Events Calendar
  • 18
    MON
  • 19
    TUE
  • 20
    WED
  • 21
    THU
  • 22
    FRI
No events scheduled this day.
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.
No events scheduled this day.