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Mortgage Financing: FHA and Ginnie Mae (GM) Face Risk-Management Challenges: Congressional Testimony
Mathew J. Scire (au)
In recent years, FHA and GM have played a major role in the single-family mortgage market. FHA insures lenders against losses from mortgage defaults. GM guarantees the timely payment of principal and interest for securities backed by federally insured or guaranteed mortgages. FHAäó»s and GMäó»s business volumes have risen sharply. This testimony discusses: (1) changes in the financial condition of FHAäó»s insurance fund, the budgetary implications of these changes, and how FHA evaluates the fundäó»s financial condition; (2) steps FHA has taken to assess and manage risks; and (3) steps GM has taken to manage risks and estimate costs and revenues. Illustration. This is a print on demand publication.
Creole Flavors: Recipes for Marinades, Rubs, Sauces, & Spices
Competing for Employees: Proven Marketing Strategies for Hiring & Keeping Exceptional People
Where the Domino Fell: America & Vietnam, 1945 to 1990
New View of Self: How Genes & Neurotransmitters Shape Your Mind, Your Personality, & Your Mental Health
Rise of Life: The First 3.5 Billion Years
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