FHA's 2011 Actuarial Review: A Combination of Rosy Scenarios and Mission Creep

 

FHA's 2011 Actuarial Study once again confirms that FHA is becoming ever more over leveraged and continues to pose a great risk totaxpayers.  Combine with mission creep that has turned into a gallop, and we have the makings for a taxpayer bailout.  FHA is providing stiff competition to the government's insured student loan program.   This presentation describes the challenges posed by FHA's rosy scenarios and mission creep.

FHA's 2011 Actuarial Review: A Combination of Rosy Scenarios and Mission Creep

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Edward J.
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