Download or read book Housing Finance written by Judy A. England-Joseph and published by DIANE Publishing. This book was released on 1997-06 with total page 137 pages. Available in PDF, EPUB and Kindle. Book excerpt: Credit enhancements are mechanisms for transferring credit risk from one party to another, such as mortgage insurance. This process could expand the availability of capital to finance the construction of decent and affordable multifamily rental housing. This report examines: the problems that have led to the shortage of mortgage financing for such housing; the factors limiting the expansion of opportunities for financing multifamily housing; alternative forms of federal credit enhancements; and ways to estimate and limit the Federal government's exposure to risk in adopting specific credit enhancements. Charts and tables.

Download or read book Housing Finance Reform written by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs and published by . This book was released on 2014 with total page 134 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Housing Finance written by United States. General Accounting Office and published by . This book was released on 1993 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Multifamily Housing Finance and Production written by United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Housing and Community Development and published by . This book was released on 1992 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Study of Multifamily Underwriting and the GSEs Role in the Multifamily Market written by Kimberly Burnett and published by DIANE Publishing. This book was released on 2001 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Housing finance FHA s risksharing programs offer alternatives for financing affordable multifamily housing report to Congressional committees written by and published by DIANE Publishing. This book was released on with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Multifamily Housing Finance written by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs. Subcommittee on Housing and Urban Affairs and published by . This book was released on 1992 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Sustainable Housing Finance written by United States. Congress. House. Committee on Financial Services. Subcommittee on Housing and Insurance and published by . This book was released on 2013 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book HUD Multifamily Finance and Coinsurance written by United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Housing and Community Development and published by . This book was released on 1990 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Housing Finance written by U S Government Accountability Office (G and published by BiblioGov. This book was released on 2013-06 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: Pursuant to a legislative requirement, GAO examined: (1) the problems that have led to the shortage of mortgage financing for affordable multifamily housing; (2) the factors limiting the expansion of multifamily housing financing; (3) alternative federal credit enhancements; and (4) ways to limit the federal government's exposure to risk in adopting specific credit enhancements. GAO found that: (1) the supply of capital for multifamily housing has decreased because regulations for multifamily housing lending are less attractive to depository institutions; (2) the secondary market for small multifamily housing loans is limited because of the difficulty in standardizing loans and the risks of lending capital for housing targeted to lower-income households; (3) credit enhancement options that delegate responsibility to state and national financial intermediaries for processing, underwriting, and monitoring individual loans can improve financing for affordable multifamily housing; (4) the federal government and investors need accurate information on the performance of multifamily loans to assess risk; and (5) a national database could address actual credit risks by providing performance data on multifamily housing loans.

Download or read book Mortgage Financing written by U. s. Government Accountability Office and published by Createspace Independent Pub. This book was released on 2013-03-14 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: From 1994 through 2011, the multifamily loan activities of Fannie Mae and Freddie Mac (the enterprises) generally increased. In this period, Fannie Mae held a lower percentage of multifamily loans in its portfolio than Freddie Mac. While the enterprises' multifamily business operations generally were profitable, both enterprises reported losses in 2008 and 2009. In recent years, Fannie Mae and Freddie Mac played a larger role in the multifamily marketplace, and their multifamily activities contributed considerably to meeting their affordable housing goals (set by their regulator for the purchase of mortgages that serve targeted groups or areas). Before 2008, the enterprises financed about 30 percent of multifamily loans. Their share increased to 86 percent in 2009, but decreased to 57 percent in 2011 as other participants reentered the market. GAO's analysis showed that multifamily activities greatly contributed to the enterprises' ability to meet affordable housing goals. For example, the enterprises' multifamily activities constituted 4.5 percent of their total business in 2008, but about a third of the units used to meet the goal of serving low- and moderate-income persons were multifamily units. The enterprises have purchased multifamily loans that generally performed as well as or better than those of other market participants, but the Federal Housing Finance Agency (FHFA) has identified deficiencies in their credit risk management. In 2005-2008, the enterprises' serious delinquency rates (less than 1 percent) were somewhat lower than the rates on multifamily loans made by commercial banks and much lower than rates for multifamily loans funded by commercial mortgage-backed securities. FHFA, through its examination and oversight of the enterprises, identified a number of credit risk deficiencies over the past few years. For example, FHFA found deficiencies in Fannie Mae's delegated underwriting and servicing program, risk-management practices, and information systems; and Freddie Mac's management of its lower-performing assets. Both enterprises have been taking steps to address these deficiencies.

Download or read book HUD Multifamily Finance and Coinsurance written by United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Housing and Community Development and published by . This book was released on 1990 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Office of Multifamily Housing Assistance Restructuring written by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs. Subcommittee on Housing and Transportation and published by . This book was released on 2000 with total page 90 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book A Representative Portfolio of Multifamily Housing Projects written by and published by . This book was released on 1997 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Housing Finance written by United States. General Accounting Office and published by . This book was released on 1993 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Housing Finance Reform written by United States. Congress and published by Createspace Independent Publishing Platform. This book was released on 2017-09-26 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt: Housing finance reform : essential elements of the multifamily housing finance system : hearing before the Committee on Banking, Housing, and Urban Affairs, United States Senate, One Hundred Thirteenth Congress, first session, on examining the recommendations for the future of the multifamily housing finance market currently served by Fannie Mae and Freddie Mac multifamily securities, Octobe

Download or read book Housing Finance written by David G. Wood (au) and published by DIANE Publishing. This book was released on 2005-09 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: In FY 2004, HUD's Fed. Housing Auth. (FHA) & the USDA's 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 Congress & the agencies could exercise to help prevent future suspensions & the potential implications of these options.