Tag: mmif

FHA’s MMIF Capital Reserves Climb in Fiscal 2020

Filed in Advocacy, Housing Finance by on November 13, 2020 0 Comments
FHA’s MMIF Capital Reserves Climb in Fiscal 2020

The Federal Housing Administration (FHA) today released its annual report to Congress that shows the agency’s capital reserve ratio of its Mutual Mortgage Insurance Fund (MMI Fund) ended the fiscal year at 6.10% — an increase of 1.26 percentage points over the fiscal 2019. This is well above the congressionally mandated 2.0% capital ratio.

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FHA Capital Reserves Post Healthy Gain, but HUD Signals No Sign of a Premium Cut

Filed in Housing Finance by on November 15, 2018 0 Comments
FHA Capital Reserves Post Healthy Gain, but HUD Signals No Sign of a Premium Cut

The Federal Housing Administration (FHA) today released its annual report to Congress that shows the agency’s capital reserve ratio grew by more than $8 billion in fiscal 2018 to a total economic net worth of $34.86 billion. However, FHA Commissioner Brian Montgomery indicated it is still premature to consider a mortgage insurance premium cut in the near term.

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