Upcoming Hearings on FHA

The House Committee on Financial Services scheduled two hearings on the Federal Housing Administration’s financial situation. The first hearing, “FHA Financial Condition and its Role in the Housing Market,” will be on February 6 at 9am ET. The second, “FHA November 2012 Actuarial Report and Potential for Tax Payer Bailout,” will be on February 13 at 10am ET. FHA Commissioner Carol Galante is expected to testify at the second hearing. Both hearings will be in room 2128 of the Rayburn House office building.