Mortgage Financing: Financial Condition of FHA's Mutual Mortgage Insurance Fund PDF Download

Author: Mathew J. Scire
Publisher: DIANE Publishing
ISBN: 1437940072
Category : Business & Economics
Languages : en
Pages : 16

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Book Description
FHA has helped millions of families purchase homes through its single-family mortgage insurance programs. FHA insures almost all of its single-family mortgages under the Fund, which is reviewed from both an actuarial and budgetary perspective each year. This statement discusses: (1) how estimates of the Fund¿s capital ratio have changed in recent years and the budgetary implications of changes in the Fund¿s financial condition; (2) how FHA and its actuarial review contractor evaluate the financial condition of the Fund; (3) the steps FHA has taken to improve the financial condition of the Fund; and (4) changes in the performance and characteristics of FHA-insured mortgages in recent years. Illustrations. This is a print on demand report.