FHA plans to take $1.7B bailout

By Inman News Feed
Add Comment Add Comment | Comments: 0 | Posted Sep. 27, 2013

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The Federal Housing Administration, facing losses of $5 billion related to its reverse mortgage program this fiscal year, is planning to withdraw $1.7 billion from the U.S. Treasury to help balance its books before fiscal year 2013 ends on Monday, ...

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