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FHA Might Need Funding From the U.S. Treasury

By Mike in with 0 Comments

The Los Angeles Times and the article, "FHA projected to exhaust reserves, could need bailout", reports that the FHA might need funding from the U.S. Treasury to be able to stay afloat. All up till now, the FHA have been self-funding but with Septembers number showing a 16.3 Billion in projected losses, the agency will most likely need help.