Hospital Mortgage Insurance Program : Program and Risk Management Could Be Enhanced

Under its Hospital Mortgage Insurance Program, HUD's Fed. Housing Admin. insures nearly $5 billion in mortgage loans for the renovation or construction of hospitals that would otherwise have difficulty accessing capital. This report examined: (1) the design & mgmt. of the program, as compared with private insurance; (2) the nature & mgmt. of the relationships between HUD & the Dept. of Health & Human Services in implementing the program; (3) the financial implications of the program to the Gen. Insurance/Special Risk Insurance (GI/SRI) fund, including risk posed by program & market trends; & (4) how HUD estimates the annual credit subsidy for the program, including the factors & assumptions used. Includes recommendations. Charts & tables.Wood, David G. is the author of 'Hospital Mortgage Insurance Program : Program and Risk Management Could Be Enhanced', published 2006 under ISBN 9781422307311 and ISBN 142230731X.