FHA: The Next Bailout?
calculatedriskblog.com 9/4/2009 — John Burns Consulting sent out a note today titled: FHA Likely To Be The Next Shoe To Drop "The FHA's aggressive lending programs have continued throughout the housing downturn, causing its market share of the mortgage industry to grow from 2% in 2005 ...

The Next Big Bailout? Look No Further Than The New FHA
dailybail.com 10/23/2009 — CNBC Video: Larry Kudlow & John Carney on the FHA and Government's Housing Bias Send to a Friend *********************** One year after rescuing Fannie and Freddie (to the tune of $200 billion, and still growing), what has the government learned about ...

Addressing Continued Concerns About the FHA
hf-implode.com 10/31/2009 — " FHA has saved close to one million sub-prime/Alt-A borrowers from possible financial ruin by allowing them to refinance into a safe and secure 30-year fixed rate mortgage. Another 2 million qualified borrowers (80% of them first-time homebuyers) have taken advantage of the declining house ...

The FHA failed a recent audit
bubblemeter.blogspot.com 10/22/2009 — Reckless lending practices are part of what got us into the current financial crisis, and the government's response has been... The Federal Housing Administration may be under-equipped to manage its exploding market share, according to an internal ...

FHA says won't need congressional support (Reuters)
news.yahoo.com 9/4/2009 — Reuters - The U.S. Federal Housing Administration said on Friday it would not need a congressional subsidy even if mortgage-related losses push its reserves below a level demanded by Congress.

FHA - The Other Troubled D.C. Lender
hf-implode.com 9/20/2009 — "FHA Director David Stevens came out last week with a statement that their 2% minimum capital rule will be broached this fall. Mr. Stevens swore that this was not going to be a problem and no federal bailout was going to be required. He came forward with a list of things to address the problem. ...

FHA bailout watch, plunging cash reserves edition
ftalphaville.ft.com 25 days ago — Executives at the US Federal Housing Administration (FHA) continue to insist that the mortgage insurer is not in trouble. Available data suggest otherwise. As the Washington Post reported on Tuesday, the FHA's emergency reserve fund has fallen to a ...

More on Problems at the FHA and Quote of the Day
calculatedriskblog.com 10/22/2009 — “I don’t think it’s a bad thing that the bad loans occurred. It was an effort to keep prices from falling too fast. That’s a policy.” Barney Frank, chairman of the House Financial Services Committee on recent FHA lending. The quote is from David ...

Loan Losses Spark Concern Over FHA
online.wsj.com 9/4/2009 — Bloomberg News HUD Secretary Shaun Donovan said in June the FHA would be 'more than likely to stay out of a broader need for any taxpayer funding.'

Behind FHA Strains, a Push to Lift Housing
online.wsj.com 9/8/2009 — NICK TIMIRAOS As it tried to help shore up the ailing housing market during the past year, the Federal Housing Administration increased its exposure, particularly to mortgages in high-cost states that have also seen some of the sharpest price ...