An FHA risk-sharing proposal that almost got off the ground in the early 1990s has sparked lawmakers’ interest during a recent Senate hearing as one way to reduce FHA losses and taxpayer risk exposure while allowing private capital to reenter the market. Testifying before the Senate Committee on Banking, Housing and Urban Affairs on FHA reforms, Teresa Bryce Bazemore, president of Radian Guaranty, urged lawmakers to authorize the FHA to enter into risk-sharing arrangements with private mortgage insurers. Bazemore said the proposal is intended to prevent future FHA borrowers from ...