NMN Plus

• Mortgage Delinquencies and Foreclosures
  Statement No. 259 by the Shadow Financial Regulatory Committee, an independent panel sponsored by the American Enterprise Institute.
  
  
• OFHEO House Price Index for 4Q'07
  The Office of Federal Housing Enterprise Oversight maintains a quarterly House Price Index that analyzes housing appreciation trends.
  
  
• Reliance on Third-Party Credit Ratings
  Statement No. 257 by the Shadow Financial Regulatory Committee..

• Facilitating Mortgage Renegotiations: The Policy Issues
  Statement No. 255 by the Shadow Financial Regulatory Committee..

• Implications of Financial Turmoil for Mortgages, Securities
  Statement No. 249 by the Shadow Financial Regulatory Committee.

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  Recent Open Forums

• FHA Modernization Bill Needs 2 Key Components
  By Roy A. Bernardi, Acting Secretary of Housing and Urban Development
  Mr. Bernardi addressed the Federal Home Loan Banks Annual Conference in Washington on April 29, 2008.

• Preserving Affordable Rental Housing
  By John C. Dugan, Comptroller of the Currency
  Mr. Dugan wrote this article for the quarterly newsletter of the Office of the Comptroller of the Currency.

• FHA Opposes Bailout, Bad-Loan Auction Sales
  By Brian D. Montgomery, HUD Assistant Secretary for Housing
  Mr. Montgomery testified at an April 9 hearing of the House Financial Services Committee

• Federal Intervention Might Do More Harm Than Good
  By Rep. Spencer Bachus, R-Ala., Ranking Member, House Financial Services Committee
  Rep. Bachus made this opening statement April 9, 2008, at a committee hearing on "Using FHA for Housing Stabilization and Homeownership Retention."
  
  
• U.S. Needs Action Now To Protect Homeowners
  By Hillary Rodham Clinton, U.S. Senator, D-N.Y.
  Sen. Clinton delivered a speech in Philadelphia March 24 on the state of the economy and the mortgage crisis.