Performance of FHA Loan Portfolio

In case you haven't seen the recent performance of the FHA's loan portfolio in chart form, well, here it is, compliments of T2 Partners' fine (and lengthy) report on the U.S. housing market that you can download here, after a short registration.
Recall that the FHA went from about 2 percent of all loan originations a couple years ago to a whopping 25 percent this year. Obviously, they're going for quantity, not quality.

Comments

[Moto:]

It's only money. Just print more!

Nov 03 08:35 AM

[TeresaE:]

And just think, this year we have been allowing people with iffy credit and no money down to "capitalize" their free gubmint check to get that house they deserve.

Definition of insanity is....

Nov 03 09:09 AM