Monday, 3 December 2012

Is FHA the Next Fannie or Freddie?

Gretchen Morgenson, New York Times
DO we have another Fannie or Freddie on our hands — another mortgage giant headed for a rescue? Editorial | The Second Term: The Mortgage Challenge (December 2, 2012)Like Fannie Mae and Freddie Mac before it, the Federal Housing Administration is suffering in a mortgage hell of its own making. F.H.A. officials say they won’t need taxpayers’ help, but we’ve heard that kind of line before.

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