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Mortgage Financing: FHA and Ginnie Mae (GM) Face Risk-Management Challenges: Congressional Testimony
Mortgage Financing: FHA and Ginnie Mae (GM) Face Risk-Management Challenges: Congressional Testimony
 
Our Price: $20.00
By Mathew J. Scire (au)
Year: 2012
Pages: 23
Binding Paperback
ISBN 978-1-4578-3044-0

Product Code: 1457830442

Description
 
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. FHAs and GMs business volumes have risen sharply. This testimony discusses: (1) changes in the financial condition of FHAs insurance fund, the budgetary implications of these changes, and how FHA evaluates the funds 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.

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