Both Fannie Mae and Freddie Mac has required federal financial assistance to be able to stay in business but for the FHA (Federal Housing Administration) a different approach is in place to be able to stay afloat. They are trying to change program rules to cut back on losses and gain revenue. To read more visit the Los Angeles Times article FHA is tweaking programs to improve revenue and cut losses by clicking the link below.
FHA – No Need of Federal Assistance to Stay Afloat