iBankCoin
Joined Nov 11, 2007
31,929 Blog Posts

FHA May Be In Need of a Bailout

Due to the lack of private financing the FHA has extended itself to low income and first time home buyers. Capital reserves had declined 15.99% recently and a bailout may be needed to guarantee its $1 trillion in exposure.

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2 comments

  1. drummerboy

    the bailout needs a bailout. just dropped in to see what condition its condition is in

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  2. cronkite

    lol

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