March 25, 2013
Building a Model for Housing Finance
Following up on Friday’s post, I want to discuss Chambers, Garriga and Schlagenhauf’s draft that they recently posted to SSRN (free here). It presents some interesting historical analogies to the issues we face as we attempt to chart a new … Continue reading
March 25, 2013 in Federal Housing Administration | Permalink | No Comments
February 26, 2013
New Direction for Federal Housing Policy? Finally!
The Bipartisan Policy Center has released Housing America’s Future: New Directions for National Policy. The Wall Street Journal reported (behind a paywall) that the report represents a “behind-the-scenes effort to jumpt-start the debate over Fannie’s and Freddie’s future . . … Continue reading
February 26, 2013 in Federal Housing Administration | Permalink | No Comments
February 22, 2013
The GAO’s Take on The FHA
The Government Accountability Office issued an update to its 2013 HIGH-RISK SERIES. It had this to say about the Federal Housing Administration: a new challenge for the markets has also evolved as the decline in private sector participation in housing … Continue reading
February 22, 2013 in Federal Housing Administration | Permalink | No Comments
December 14, 2012
Levitin and Wachter’s New History of American Housing Finance
Adam Levitin and Susan Wachter have released a very interesting paper on The Public Option in Housing Finance. The paper provides a history of the development of the housing finance infrastructure in the United States. It concludes that [t]he experience … Continue reading
December 14, 2012 in Federal Housing Administration | Permalink | No Comments
November 19, 2012
FHA 2012 Annual Report on MMIF Shows Great Stress on Agency
The report‘s findings show that the academic critics (here and here) of the FHA’s risk analysis were on to something over the last couple of years.
November 19, 2012 in Federal Housing Administration | Permalink | No Comments
