Mish's Global Economic Trend Analysis: FHA Swamped By Defaults.
MishTalk
JUNE 28, 2013
That forecast is significantly worse than the one reported by independent auditor Integrated Financial Engineering Inc., While these reforms may improve FHAs balance sheet over the long term, they would also reduce market liquidity, which in turn could cause home prices to fall. December 2008 (85). November 2008 (78).
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