An Update on the Capital Adequacy of the FHA Single Family Insurance Program
4 Pages Posted: 23 Nov 2009
Date Written: February 9, 2009
Abstract
This paper updates the projections presented in our original report regarding the current and future financial health of the Federal Housing Administration’s Mutual Mortgage Insurance Fund in light of the recent turmoil in financial markets and mortgage lending. The Fund – though protected from many of the excesses of the recent housing boom – could face a very difficult road in the years ahead, particularly if the economy continues to deteriorate.
Suggested Citation: Suggested Citation
Goldberg, Michael and Schnare, Ann, An Update on the Capital Adequacy of the FHA Single Family Insurance Program (February 9, 2009). Available at SSRN: https://ssrn.com/abstract=1510387 or http://dx.doi.org/10.2139/ssrn.1510387
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