The Downs and Ups of FHA Lending: The Government Mortgage Roller Coaster Ride

  title={The Downs and Ups of FHA Lending: The Government Mortgage Roller Coaster Ride},
  author={Marsha J. Courchane and Rajeev Darolia and Peter M. Zorn},
Throughout the last decade, mortgage markets experienced both a considerable decline and a considerable increase in the share served by the FHA. Concerns have grown about the solvency of the program and about the access to credit of the borrowers served by the FHA market. These concerns are due, at least in part, to the evolving distribution of loans in the FHA portfolio and uncertainty about future patterns of lending. This paper attempts to explain FHA lending patterns over the past decade… CONTINUE READING


Publications referenced by this paper.

A Changing Credit Environment and Its Impact on Low-Income and Minority Borrowers and Communities,

Courchane, J Marsha, Peter M. Zorn
  • Moving Forward: The Future of Consumer Credit and Mortgage Finance, N. Retsinas and E. Belsky (eds.), Washington: Brookings Institution Press. February,
  • 2011

FHA Lending: Recent Trends and Their Implications for the Future,

Newberger, Harriet
  • Philadelphia Federal Reserve Bank,
  • 2011

Industry Changes in the Market for Mortgage Loans,

Courchane, J Marsha, Rajeev Darolia, Peter M. Zorn
  • Connecticut Law Review,
  • 2009

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