The National Affordable Housing Act requires an independent actuarial analysis of the economic net worth and soundness of the FHA's Mutual Mortgage Insurance Fund. This actuarial report presents the findings with respect to the required analysis for fiscal year 2002 using data as of March 31, 2002.
Table of Contents (PDF)
|I. Executive Summary|
|II. The Value of the MMIF Under Alternative Economic Scenarios|
|III. Characteristics of the FY2003 Book of Business|
|IV. Considerations and Limitations|