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FHA in the spotlight, structural reform in the shadows
Posted to: Around The Web
Monday, February 11, 2013 5:17 AM

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by Ethan Handelman, National Housing Conference Congress is rediscovering the FHA. Last week's hearing in the House Financial Services Committee highlighted clashing views from Ed Pinto of the American Enterprise Institute and Julia Gordon of the Center for American Progress, among other experts. Wednesday will see testimony from FHA Commissioner Carol Galante centered on the actuarial report ( see our past comment ). Look for more hearings to come on the Senate side, too. Media attention has picked up, too. Nick Timiraos' column in Sunday's Wall Street Journal matches a negative headline, "Tangled in Housing Bust, FHA Seeks a Hand" with a thoughtful discussion of how FHA's financials reflect its role as a countercyclical lender providing essential credit when most


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