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Home » Store » News » HUD Watchdog Seeks Increased FHA Funding to Prevent Bad Loans from Reaching Ginnie Pools

HUD Watchdog Seeks Increased FHA Funding to Prevent Bad Loans from Reaching Ginnie Pools

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While increased demand for federally insured mortgages may be good for the FHA single-family program, it could also have serious implications for the integrity of Ginnie Mae securities, including the potential for increased fraud, according to the government’s inspector general for housing. Testifying before a Senate appropriations subcommittee April 2, Kenneth Donohue, inspector...
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