The NTIS website and supporting ordering systems are undergoing a major upgrade from 8PM on September 25th through approximately October 6. During that time, much of the functionality, including subscription and product ordering, shipping, etc., will not be available. You may call NTIS at 1-800-553-6847 or (703) 605-6000 to place an order but you should expect delayed shipment. Please do NOT include credit card numbers in any email you might send NTIS.
Documents in the NTIS Technical Reports collection are the results of federally funded research. They are directly submitted to or collected by NTIS from Federal agencies for permanent accessibility to industry, academia and the public.  Before purchasing from NTIS, you may want to check for free access from (1) the issuing organization's website; (2) the U.S. Government Printing Office's Federal Digital System website http://www.gpo.gov/fdsys; (3) the federal government Internet portal USA.gov; or (4) a web search conducted using a commercial search engine such as http://www.google.com.
Accession Number PB2013-105473
Title Overview of GAO's Past Work on FHA's Single-Family Mortgage Insurance Programs.
Publication Date Mar 2013
Media Count 28p
Personal Author N/A
Abstract The Department of Housing and Urban Development's (HUD) Federal Housing Administration (FHA) has helped millions of families purchase homes through its single-family mortgage insurance programs, which insure private lenders against losses on mortgages that finance purchases of properties or refinance existing FHA mortgages. In recent years, FHA has experienced a dramatic increase in its market role, partly because other mortgage market segments contracted during the recent financial crisis. At the same time, it has faced fiscal challenges. Since 2009, FHA has not met its statutory capital reserve requirements--essentially, a floor below which reserves should not fall. Additionally, although FHA's single-family insurance programs historically produced budgetary receipts for the federal government, a weakening in the performance of FHA-insured loans could increase the possibility that FHA will require funds to help cover its costs on insurance issued to date.
Keywords Capital
Costs
Federal Housing Administration
Finance
Loans
Losses
Market
Mortgage insurance
Refinancing
Single family mortgages

 
Source Agency General Accounting Office
NTIS Subject Category 96F - Banking & Finance
91E - Housing
Corporate Author Government Accountability Office, Washington, DC.
Document Type Technical report
Title Note N/A
NTIS Issue Number 1312
Contract Number N/A

Science and Technology Highlights

See a sampling of the latest scientific, technical and engineering information from NTIS in the NTIS Technical Reports Newsletter

Acrobat Reader Mobile    Acrobat Reader