The Mutual Mortgage Insurance Fund : A Study of the Adequacy of Its Reserves and Resources

Studies the adequacy of the reserves of the Federal Housing Administration by examining the operations of the Mutual Mortgage Insurance Fund. Examines the history, both legislative and operational, of the system established by Congress in 1934. PREFACE CONTENTS TABLES CHARTS I. Statement of the Problem II. Basic Legislation and Operating Experience III/ Characteristics of Insured Mortgages in Force IV. The FHA Method of Calculating Required Reserves V. Evaluation of FHA Method: External Factors VI. Evaluation of FHA Method: Internal Factors VII. Effect on Reserves of Varying Principal Assumptions VIII. Summary and Recommendations APPENDIX