Federal Housing Administration Nears Need for Taxpayer Funds
11/28/12
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The FHA is projected to need taxpayer money to pay off its projected losses.
from NCPA,
11/27/12:
The Federal Housing Administration (FHA) is expected to report that it could exhaust its reserves because of rising mortgage delinquencies, a development that could result in the agency needing to draw on taxpayer funding for the first time in its 78 year history, says the Wall Street Journal.
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