Putting the FHA’s Financial Problems in Perspective



For close to 80 years, the Federal Housing Administration has helped millions of families achieve homeownership and has promoted stability in the U.S. housing market. But in the wake of the worst housing crisis since the Great Depression, the agency is facing mounting losses.

Our keynote speaker, FHA Acting Commissioner Carol Galante, will address the major findings from the agency’s 2012 actuarial review and annual report to Congress, and our panel will discuss these findings, the role FHA has played in recent years, and what lessons we can learn for the future.

View the PowerPoint presentation for the event

Keynote speaker:

Carol Galante, Acting Commissioner, Federal Housing Administration

Featured panelists:

Roberto Quercia, Director, UNC Center for Community Capital

David Stevens, President and Chief Executive Officer, Mortgage Bankers Association

Joseph Tracy, Senior Advisor to the President, Federal Reserve Bank of New York

Susan Wachter, Richard B. Worley Professor of Financial Management, The Wharton School

Sarah Rosen Wartell, President, The Urban Institute

Moderated by:

Nick Timiraos, Reporter, The Wall Street Journal

Location

Center for American Progress, 1333 H St. NW, 10th Floor, Washington, DC , 20005

Additional information

A light lunch will be served at 11:30 a.m.