Federal Credit Reports & White Papers

White Papers

Federal Credit Reform Budget and Program Management: Industry Innovations and Capacity DevelopmentAnthony Curcio, December 2017. 

Using Federal Credit and Tax Policy to Stimulate Infrastructure Development - Anthony Curcio and Brian Oakley, November 2017

Best Practices to Evaluate and Update Risk Assessment and Credit Subsidy Capabilities for Federal Credit Programs - Anthony Curcio, November 2017

Should Federal Lending Programs Mitigate Concentration Risk? - Anthony Curcio, March 2017

Fair Value in Federal Credit - Anthony Curcio & Roger Von Elm, April 2015

Congressional Budget Office

Fair-Value Estimates of the Cost of Selected Federal Credit Programs from 2015 to 2024

Congressional Research Service

CRS Report: Federal Credit Programs: Comparing Fair Value and the Federal Credit Reform Act (FCRA), September 2015

Federal Housing Administration

FY 2017 Actuarial Review of Forward Portfolio

FY 2017 Actuarial Review of HECM Portfolio

FY 2016 Annual Report to Congress Regarding the Financial Status of the FHA Mutual Mortgage Insurance Fund

FY 2016 Actuarial Review Excluding HECMs

FY 2016 Actuarial Review of HECMs

FY 2015 Annual Report to Congress Regarding the Financial Status of the FHA Mutual Mortgage Insurance Fund

FY 2015 Actuarial Review Excluding HECMs

FY 2015 Actuarial Review of HECMs

FY 2014 Annual Report to Congress Regarding the Financial Status of the FHA Mutual Mortgage Insurance Fund

FY 2014 Actuarial Review Excluding HECMs

FY 2014 Actuarial Review of HECMs

FY 2013 Annual Report to Congress Regarding the Financial Status of the FHA Mutual Mortgage Insurance Fund

FY 2013 Actuarial Review Excluding HECMs

FY 2013 Actuarial Review S-M Forward Report

Government Accountability Office

Federal Student Loans: Education Needs to Improve Its Income-Driven Repayment Plan Budget Estimates, November 2016 (GAO-17-22)

Credit Reform: Key Agencies Should Better Document Procedures for Estimating Subsidy Costs, July 2016 (GAO-16-269)

Credit Reform: Current Method to Estimate Credit Subsidy Costs Is More Appropriate for Budget Estimates Than a Fair Value Approach, January 2016 (GAO-16-41)

OTHERS

Elliott, Douglas J. Uncle Sam in Pinstripes: Evaluating U.S. Federal Credit Programs. Washington, D.C.: Brookings Institution Press, 2011.

Easterly, Michael E, Alan B. Rhinesmith, and Thomas H. Stanton. Federal Credit Programs: Borrower Outcomes Matter More than Volume. May 2017.