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" FHA's large number of claims during tha 1980s. This finding is consistent with every serious study of mortgage defaults. The 57 percent limit on closing costs increases homeowner equity. Without the 57 percent limit, the National Affordable Housing Act's... "
Federal Housing Administration's Mutual Mortgage Insurance Fund: Hearing ... - Page 77
de United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Housing and Community Development - 1991 - 91 pages
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Legislative Hearings on H.R. 1066, the Indoor Air Quality Act of ..., Volume 4

United States. Congress. House. Committee on Education and Labor. Subcommittee on Health and Safety - 1991 - 646 pages
...Waterhouse pinpointed lack of homeowner equity as the main cause of FHA's large number of claims during the 1980s. This finding is consistent with every serious...Affordable Housing Act's loan-to-value caps alone would not result in reducing defaults on each year's business, which would jeopardize the achievement of...
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