A report issued by accounting firm Deloitte & Touche stated that the Federal Housing Administration (FHA) has never been stronger financially since its inception. An array of events addressing the future of FHA soon followed the announcement.

The report said the FHA has an economic value of $16.6 billion in 1999, an increase of $5.3 billion over 1998 numbers. Just 10 years ago, the FHA had a negative economic value of $2.7 billion.

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