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Friday, February 22, 2013

Banking Panel Schedules FHA Hearing

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.