HUD Management: FHA’s Multifamily Loan Loss Reserves & Default Prevention Efforts

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Our Price: $30.00

Year: 1995
Pages: 40
Binding Paperback

Product Code: 078814085X

Description

Jim Wells, Richard A. Hale & Christine M.B. Fishkin. HUD, through the Fed. Housing Admin. (FHA) insures private lenders against financial losses from borrowers’ defaults on mortgages used to finance multifamily (MF) rental properties. This is a report on the adequacy of the loan loss reserves covering FHA’s MF loan portfolio. It evaluated: the methodology FHA used to establish loan loss reserves for its FY ‘93 MF portfolio; the benefit of creating a new, actuarially sound insur. fund for all new MF housing insur. commitments; & HUD’s current initiatives for preventing future defaults on FHA’s MF housing loans.

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