Mr. Frank goes back to Washington

Mr. Frank goes back to Washington

Former Congressman to testify before Congress on Dodd-Frank impact

Happy 4th birthday Dodd-Frank! Everyone hates you

How effective has Dodd-Frank really been?

Monday Morning Cup of Coffee: Former CFPB head eyes White House?

The bubble’s last days; New HUD rule the “Common Core” of housing

Items Tagged with 'Mutual Mortgage Insurance Fund'


CBO: FHA reform bill could save government $514M

Insurance premiums would rise to meet capital requirements
November 19, 2013
The Senate proposed FHA Solvency Act could reduce federal discretionary spending by $514 million over a four-year period of time while forcing the FHA to build up to a 3% capital ratio, the Congressional Budget Office said.
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HUD’s bid to sell soured mortgages stops short

November 13, 2013
The sales are an attempt by HUD to stem losses from its Mutual Mortgage Insurance fund, while providing an alternative for distressed borrowers that are on the brink of foreclosure. Even though investors did not meet the reserve requirements, the agency will carry on with business as usual.
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FHA sounds alarm on CBO data

Disputes data on the MMI fund, single-family mortgage program
October 23, 2013
The Federal Housing Administration sounded the alarm on a new Congressional Budget Office report, disputing some of its findings on the mutual mortgage insurance fund and the FHA single-familiy mortgage guarantee program.
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FHA bailout pushes federal deficit to $22B

MMI fund to reach its capital ratio requirement by 2017
October 22, 2013
With the Federal Housing Administration drawing $1.7 billion from the Treasury into its Mutual Mortgage Insurance Fund for the first time in FHA history, the balance of the fund ended up costing the federal government a hefty sum.
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Lawmakers question FHA's long-term safety

March 13, 2013
U.S. lawmakers mulled over the differences between loans backed by the Federal Housing Administration and private insurers Wednesday, noting that FHA continues to put taxpayers at...
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Industry leaders advise FHA on how to improve housing

February 28, 2013
Housing industry experts testified before the U.S. Senate Committee on Banking, Housing & Urban Affairs advocating for various solutions to strengthen the Federal Housing Administration’s financial...
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Galante: FHA takes action to reduce likelihood of Treasury bailout

February 13, 2013
Federal Housing Administration Commissioner Carol Galante testified before the House Financial Services Committee, asserting that the federal agency can avoid an immediate Treasury bailout.Congressional members grilled...
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FHA raises mortgage insurance, for life of loan

January 30, 2013
Federal Housing Administration Commissioner Carol Galante announced a series of changes to be issued this week that will allow the agency to better manage risk and...
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Monday Morning Cup of Coffee: Moody's likely to downgrade five big banks

June 10, 2012
A look at stories across HousingWire's weekend desk, with more coverage to come on bigger issues:Banks, bond issuers and investors are expecting a gush of bank...
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FHA to raise insurance premiums in April

February 27, 2012
The Federal Housing Administration will raise mortgage insurance premiums this April in order to repair the health of its emergency fund.The FHA upfront mortgage insurance premium...
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