The Washington Independent

Posts Tagged government downsizing

Fears Grow for a Bailout of the FHA

By | 09.04.09 | 8:57 am

This should sound familiar: Growing losses on Federal Housing Administration-backed mortgage loans are prompting fears the agency will be next in line for taxpayer help, The Wall Street Journal says.

The Federal Housing Administration, hit by increasing mortgage-related losses, is in danger of seeing its reserves fall below the

More…