FHA Book

Reading is Fun - and FUNdamental.

To fully understand the importance of an FHA resurgence in today’s market, one must understand the Subprime Boom and subsequent Bust (which is still happening today). Enter this new book by Edward Gramlich, a former member of the Board of Governors of the Federal Reserve. The book, Subprime Mortgages: America’s Latest Boom and Bust, is a worthy read for anyone wanting to understand today’s market. A decade ago subprime crushed FHA lending and the current subprime troubles are proof that we need the trustworthy FHA to be a force in the market once again.

The book, which is published by the Urban Institute, was the subject of a recent panel discussion on Book TV. Panel members included:

The panel discusses the problems associated with subprime, subprime’s place in the future, and solutions to the daunting issues facing the subprime lending market.