Download or read book The Federal Housing Administration s Insurance Program for Home Loans written by Jaime M. Lagos and published by Nova Science Publishers. This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Federal Housing Administration (FHA) was created by the National Housing Act of 1934 in order to broaden home-ownership, protect lending institutions, and stimulate the building industry. The FHA does not make mortgage loans. Rather, it insures mortgage loans made by private lenders that meet certain underwriting and other criteria, thereby expanding the availability of mortgage credit beyond what may be available otherwise. If the borrower defaults on the mortgage, the FHA will repay the lender the remaining amount owed. While the FHA insures a range of mortgage types, including multifamily properties and hospital facilities, this book focuses on the FHA's single-family insurance program.

Download or read book Guide to Single Family Home Mortgage Insurance written by and published by . This book was released on 1995 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Insured Mortgage Portfolio written by United States. Federal Housing Administration and published by . This book was released on 1940 with total page 814 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Mortgagees Handbook written by United States. Office of Housing Production and Mortgage Credit and published by . This book was released on 1975 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book This is the FHA written by United States. Federal Housing Administration and published by . This book was released on 1960 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book FHA Multifamily Housing Mortgage Insurance Program 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 2002 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book FHA Home and Project Mortgage and Property Improvement Loan Insurance Operations Volume Statistics State County and S M S A written by United States. Federal Housing Administration and published by . This book was released on 1962 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Mutual Mortgage Insurance written by United States. Federal Housing Administration and published by . This book was released on 1952 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Mutual Mortgage Insurance written by United States. Federal Housing Administration and published by . This book was released on 1939 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Insured Mortgage Portfolio written by and published by . This book was released on 1947 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Mutual Mortgage Insurance written by United States. Federal Housing Administration and published by . This book was released on 1946 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book FHA Mortgage Insurance for Urban Renewal written by United States. Department of Housing and Urban Development and published by . This book was released on 1967 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Mutual Mortgage Insurance written by United States. Federal Housing Administration and published by . This book was released on 1937 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Property Improvement Loan Insurance written by United States. Federal Housing Administration and published by . This book was released on 1954 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Fha Single family Mortgage Insurance written by Congressional Research Service and published by CreateSpace. This book was released on 2015-01-29 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Federal Housing Administration (FHA), an agency of the Department of Housing and Urban Development (HUD), insures private mortgage lenders against losses on eligible mortgages. If a borrower defaults on an FHA-insured mortgage, FHA will repay the lender the remaining amount owed. FHA insurance is intended to encourage lenders to offer mortgages to households who might otherwise have difficulty obtaining a loan at an affordable interest rate, such as households with small down payments. Borrowers pay fees, called premiums, in exchange for the insurance, and these fees are supposed to pay for the costs of any mortgage defaults. In recent years, increasing foreclosure rates and falling house prices have strained FHA's single-family mortgage insurance fund, the Mutual Mortgage Insurance Fund (MMI Fund). At the end of FY2013, FHA received $1.7 billion from Treasury to ensure that it had sufficient funds to cover all of its expected future losses on the mortgages that it was currently insuring. This was the first time that FHA had ever required funds from Treasury for this purpose for its single-family program. In response to concerns about the financial condition of the MMI Fund, FHA has taken a number of steps in recent years to attempt to improve its financial position. These changes have included increasing the fees that it charges to borrowers, adjusting its underwriting standards, and making changes to the way that it manages delinquent mortgages and foreclosed properties. FHA has also requested additional authorities from Congress, such as improving its ability to hold FHA-approved lenders accountable for the mortgages they submit for FHA insurance. These authorities have been included in legislation that Congress has considered but have not been enacted to date. Congress has also been considering additional reforms to FHA. Proposed reforms include increasing the amount of capital that FHA is required to hold in reserve to pay for unexpected increases in future losses and specifying actions that FHA must take if its capital reserves fall below certain thresholds. Some of these proposed additional reforms have been included in several stand-alone bills that have been introduced in recent Congresses, including H.R. 1145 and S. 1376 in the 113th Congress. Additionally, reforms to FHA are being considered in the context of broader reforms to the housing finance system. One housing finance reform bill in the 113th Congress, the Protecting American Taxpayers and Homeowners (PATH) Act (H.R. 2767), would have made more far-reaching changes to FHA than those that have been included in other bills. These changes would have included limiting FHA-insured mortgages to only low- and moderate-income borrowers and first-time homebuyers in most circumstances, reducing the share of a mortgage that FHA can insure, and requiring greater risk-sharing with the private sector. The PATH Act would also have removed FHA from HUD and made it an independent agency.

Download or read book Replacing Blight with Good Homes written by United States. Federal Housing Administration and published by . This book was released on 1956 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Federal Housing Administration s Mutual Mortgage Insurance Fund and Other FHA Issues 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 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: