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    <title>Carol J. Galante Recent C-SPAN Appearances</title>
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    <description>Carol Galante's recent appearances from the C-SPAN networks</description>
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      <title>Federal Housing Administration Oversight</title>
      <description>Carol Galante testified on the financial health of the Federal Housing Administration (FHA). She expressed confidence in the agency despite a 2012 report that showed a projected deficit in its mortgage insurance fund. She said even if the FHA needed to borrow money from the Treasury Department, the funds would only be used to shore up the agency's reserve fund.</description>
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      <category>House Committee</category>
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      <pubDate>Thu, 14 Feb 2013 03:47:29 GMT</pubDate>
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      <title>Fiscal Health of Federal Housing Authority</title>
      <description>Carol Galante was the keynote speaker at a discussion on the fiscal health of the Federal Housing Authority (FHA). She used PowerPoint to explain a recent independent audit which showed that the government agency was more than $16 billion in debt because of low interest rates and slow rising home prices. Following her remarks, housing experts talked about the FHA.</description>
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      <pubDate>Sat, 01 Dec 2012 03:36:27 GMT</pubDate>
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      <title>Fiscal Health of Federal Housing Authority (FHA)</title>
      <description>Housing and Urban Development Secretary Shaun Donovan, a Government Accountability representative, and housing experts testified at a hearing on the fiscal health of the Federal Housing Administration (FHA). The hearing arose because of an FHA report to Congress on its current budget situation, which revealed that if the housing market continues to worsen, the agency is at risk of needing federal help. Secretary Donovan in his testimony that the FHA is not in need of a bailout thus far. He added that the reserve fund is being monitored closely, risks are being assessed, and steps are being taken to protect taxpayers.</description>
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      <category>House Committee</category>
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      <pubDate>Fri, 02 Dec 2011 00:03:42 GMT</pubDate>
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