FHA Fund Improves from 2015

On November 15, 2016, the Federal Housing Administration (FHA) released its Annual Report to Congress and the FY2016 Actuarial Review of the Mutual Mortgage Insurance Fund Forward Loans.  The review shows that the Fund’s capital reserve ratio has reached 2.32 percent and has improved by $43.9 billion since FY 2012.  This is the second year in a row that the Fund exceeded the statutory requirement to maintain at least a 2 percent capital ratio. For forward mortgages the ratio was a healthy 3.28 percent, showing steady growth. For HECMs the ratio was a negative 6.90 percent,… Read More