The State of FHA
State of the Union Capitol Hill Briefing

The State of FHA

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Principles for program reform

•Step back from markets that can be served by the private sector.

•Stop knowingly lending to people who cannot afford to repay their loans.

•Help homeowners establish meaningful equity in their homes.

•Concentrate on homebuyers who truly need help purchasing their first home.

 

About the Author

 

Edward J.
Pinto
  • An executive vice president and chief credit officer for Fannie Mae until the late 1980s, Edward Pinto has done groundbreaking research on the role of government housing policies in the lead-up to the financial crisis. In particular, his data have revealed striking facts about the contributions of housing policy to the mortgage crisis. Two of his major research papers have been submitted to the Financial Crisis Inquiry Commission: "Government Housing Policies in the Lead-up to the Financial Crisis: A Forensic Study" and "Triggers of the Financial Crisis." At AEI Mr. Pinto is continuing his work on the role of housing policies in the financial crisis and researching policy considerations and options for rebuilding our housing-finance sector.
  • Phone: 202-862-7185
    Email: edward.pinto@aei.org
  • Assistant Info

    Name: Steffanie Hawkins
    Phone: 202-419-5212
    Email: steffanie.hawkins@aei.org
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