06/16/2021
https://www.congress.gov...
"At least not three times, right?"
"Millions of mortgages are underwater, and Fannie and Freddie continue to lose money at the expense of the American taxpayer."
"Do you share my overall concern about the solvency of FHA, which is under your jurisdiction?"
"The latest actuarial report states that FHA's capital ratio is only 0.24 percent. Mighty low."