Housing Bubble Catches Up with FHA
The U.S. Federal Housing Administration (FHA) has posted a $16.3 billion deficit at the end of the 2012 fiscal year and may need to draw funds from the U.S. Treasury ...Read Full Story »
Posts related to ‘Federal Housing Administration’
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Home Ownership No Longer a Federal Goal (FNMA, FMCC)
If the US government is truly able to exit the mortgage credit market, that move will be a seismic shift in a 75-year old government commitment to underwrite home ownership ...Read Full Story »
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