How the FHA Hurts Working American Enterprise Institute Aei Form

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so without further ado I'll hand it over to you add thank you John I set out to try to get behind FHA and figure out what actually was going on particularly after the collapse of the housing market in two thousand six and seven so the study focuses on 2009 in 2010 loans exclusively what I found was that FHA is selling hope to homeowners but delivering harm mark they market homeownership aggressively to borrowers with poor credit they push people into homes that they just cannot afford they saddle them with loans that barely build equity they provide no incentives for fiscal discipline and they tolerate an high failure rate leaving families in financial ruin and the communities reeling it started with three research questions which loans are most likely to suffer foreclosure which zip codes and metro areas will bear the brunt of those foreclosures that are forecasted to result based on FHA zone numbers from the 2009 and 2010 books of business what should a phase acceptable maximum toler