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Housing Finance: Options to Help Prevent Suspensions of FHA and RHS Loan Guarantee Programs
In FY 2004, HUD’s Fed. Housing Auth. (FHA) & the U

 
Our Price: $20.00
By David G. Wood (au)
Year: 2005
Pages: 43
Binding Paperback

Product Code: 1422300501

Description
 
In FY 2004, HUDs Fed. Housing Auth. (FHA) & the USDAs Rural Housing Serv. (RHS) guaranteed $136 billion in mortgages for single-family homes, multifamily rental housing, & healthcare facil. In past years, both agencies have had to suspend the issuance of guarantees when they exhausted the dollar amounts of their commitment auth. or credit subsidy budget auth. before the end of a FY. This report determines: how often & why FHA & RHS have suspended their loan guarantee programs over the last decade; how these agencies manage to notify Congress of the rate at which the auth. for these programs will be exhausted; & options that could be exercised to help prevent future suspensions & the potential implications of these options.

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