FEDERAL HOUSING ADMINISTRATION
Capital Requirements and Stress Testing Practices Need Strengthening
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- $19.99
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- $19.99
Publisher Description
FHA insures private lenders against losses from defaults on single-family mortgages. According to independent actuarial reviews, in fiscal years 2009–2014, FHA’s MMI Fund (which insures $1.2 trillion in single-family traditional and reverse mortgages) did not meet its statutory 2 percent capital requirement. Also, a budgetary review determined that the fund required $1.69 billion in supplemental funds in fiscal year 2013...
GENRE
Business & Personal Finance
RELEASED
2018
February 14
LANGUAGE
EN
English
LENGTH
72
Pages
PUBLISHER
Hugues DUMONT
SELLER
Hugues DUMONT
SIZE
1.1
MB
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