Thank you for inviting me to join you for this important discussion and, in particular, to offer perspectives on the paper recently released by Dr. Joseph Gyourko titled “Rethinking the FHA.” Given the Federal Housing Administration’s, or FHA’s, long and significant role in the U.S. home mortgage market, its recent financial challenges, and the continuing struggling condition of the housing finance system, reaching consensus on the appropriate role for FHA as part of an overall restructuring of our home loan market is essential.
via Rethinking the Federal Housing Administration | Center for American Progress.
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