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FHA Will Require $1.7 Billion From Treasury - Wall Street Journal
Wall Street Journal | FHA Will Require $1.7 Billion From Treasury Wall Street Journal The Federal Housing Administration will require an infusion of around $1.7 billion from the U.S. Treasury next week, officials told Congress in a letter Friday. The agency, which emerged as a major backstop of the U.S. mortgage market throughout the housing ... FHA needs $1.7B to cover reverse mortgage losses UPDATE 2-US housing agency likely to tap Treasury funds -sources Federal Housing Administration Said to Take Taxpayer Subsidy |
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