Thursday, March 28, 2024 | The Latest Buzz for the Appraisal Industry

Health of FHA’s MMI Fund Has Improved Dramatically, Driven by Rising Home Prices

The health of the Federal Housing Administration (FHA) Mutual Mortgage Insurance Fund (MMI) continued to improve in 2021, according to the U.S. Department of Housing and Urban Development’s (HUD) fiscal year (FY) 2021 report to Congress.

The fund’s overall capital ratio for fiscal 2021 was 8.03%, an increase of 1.93 percentage points compared with a capital ratio of 6.10% in fiscal 2020.

The capital ratio is one indicator of the MMI fund’s financial health

This post was originally published on this site

Brent Bowen

Loosening The Knot

Something that I like to do is to research the etymology of various words. This is essential in understanding older/historical texts, so that you can

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