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FHA Watch, No. 12, December 2012 - American Enterprise Institute - Aei
Get FHA Watch, No. 12, December 2012 - American Enterprise Institute - Aei
Own copy, e-mail edward.pinto aei.org. This Issue s Highlight Mission Misfire: 50 Years of Failure at the FHA Since 1962, the Federal Housing Administration (FHA) has been selling the American dream of homeownership, but delivering despair. For 50 years, commentators have pointed out how FHA s poorly designed underwriting policies result in financing failure for working-class families and a plague of foreclosures for working-class communities. This Month s Features Spotlight on the FHA.
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