The Senate Banking Committee announced yesterday that it will hold a second hearing next week on the financial condition of the Federal Housing Administration (FHA). The hearing is scheduled for Thursday, February 28, at 10:00 a.m. Witnesses will include representatives of mortgage, real estate, and urban development groups, as well as an economic policy academic.
The ABIA will monitor the hearing to see if Lender-Placed Insurance (LPI) or catastrophic risk are discussed.
Learn more from the Senate Banking Committee.