Mish's Global Economic Trend Analysis: FHA Swamped By Defaults.
MishTalk
JUNE 28, 2013
While the agency has played a major role in propping up home prices, it has also been overwhelmed by defaults. Consult your. 2012-07-24: Capital Account. 2012-07-11: Capital Account. March 2006 (24). But with the collapse of the housing market in 2007-08, much of that business returned to the FHA.
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