Skip navigation

Housing secretary says FHA faces big risks

WASHINGTON (Reuters) - The Federal Housing Administration faces "considerable risks" to its finances and the Obama administration will continue to scale back the agency's presence in the mortgage market, the top U.S. housing official said on Tuesday.Full story

Housing agency could run out of money in 2012

The Federal Housing Administration could run out of money over the next year and require a $700 million cash infusion from the Treasury Department to stay afloat, according to the Obama administration's budget request sent Monday to Congress. Full story

FHA Getting $1B from AG & Countrywide

  CNBC's Diana Olick has the details on the Federal Housing Administration getting $1 billion from the AG and Countrywide settlement.

Sponsored Links

Articles

Obama seeks to broaden reach of housing assistance

Senate backs plan to help Americans buy homes

advertisement | ad info