Robert Van Order, the Oliver R. Carr Professor of Real Estate, and Vanessa Perry, associate professor in the Department of Marketing, were highlighted in the Nov. 18 online edition of National Mortgage Professional Magazine, for a series of reports that The George Washington University Center for Real Estate and Urban Analysis will create reports that examine the financial status of the Federal Housing Administration. The report series will analyze and interpret FHA reforms underway to improve the agency’s performance. “The FHA served a critically important role in the economic downturn to ensure that low down payment lending continued, but, as in past cycles, there is concern that current policies may push the FHA toward instability,” Van Order said. “Steps have been taken to manage risk, but there are many components of the system and no one part should become overextended. Our research project will take a close look at some of the tough questions: Should FHA’s loan limits remain at pre-housing crash levels? How should FHA limit risk to the fund? What products should FHA insure? What types of borrowers should FHA serve?”
Posted by gwsb on November 19, 2010 | Filed under: Getting Ink.