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  • Under Pressure, FHA Skews to Wealthier Home Buyers

    The Federal Housing Administration, the government insurer of home mortgages, is often credited with saving the home finance market during the worst of the latest housing crash. When no one else would lend to lower-income borrowers, the FHA stepped in, its share of mortgage originations rising from around 3 percent during the height of ...
    Posted to Jeffrey Rubin (Weblog) by 844211 on May 25, 2012