Browse By:

Sunday December 16, 2018 Login |Register

A Project of

sponsored by

H.R. 5830, the Frank-Dodd FHA Refinance Plan, Is Still the Wrong Policy for the Housing Mess

Bookmark and Share Report Misuse or Glitches

Publication Date: May 2008

Publisher(s): Heritage Foundation (Washington, D.C.)

Author(s): David C. John

Series: WebMemo

Topic: Banking and finance (Credit and loans)

Keywords: Economy; mortgages; subprime; bailout

Type: Brief

Coverage: United States


Chairman Barney Frank (D-MA) of the House Financial Services Committee has proposed H.R. 5830, which would use the Federal Housing Administration (FHA) to refinance at-risk mortgages at a lower interest rate in return for a cash fee.