The FHA failed a recent audit - Housing Market, Wall Street

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Housing Market

bubblemeter.blogspot.com - 10/22/2009

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Reckless lending practices are part of what got us into the current financial crisis, and the government's response has been... The Federal Housing Administration may be under-equipped to manage its exploding market share, according to an internal audit released last week. The report gave the ...

blogs.wsj.com - 10/20/2009

FHA Backs More Than Half of Loans for New Homes

— blogs.wsj.com — Just how big a backstop is Uncle Sam providing to the housing market right now? Here’s one... indication: The number of home buyers relying on low down-payment mortgages obtained via the Federal Housing Administration and other federal agencies. Some 59% ... (more) FHA Backs More Than Half of Loans for New Homes

Housing Market

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blogs.wsj.com - 10/21/2009

FHA Flunks Audit on Quality Control

— blogs.wsj.com — Bloomberg FHA Commissioner David Stevens testified before the House Financial Services Committee earlier this month.... (more) FHA Flunks Audit on Quality Control

Comments vote down The Mess That Greenspan Made found this 10/21/2009found this

dailybail.com - 10/23/2009

The Next Big Bailout? Look No Further Than The New FHA

— dailybail.com — CNBC Video: Larry Kudlow & John Carney on the FHA and Government's Housing Bias Send to a... Friend *********************** One year after rescuing Fannie and Freddie (to the tune of $200 billion, and still growing), what has the government learned about ... (more) The Next Big Bailout? Look No Further Than The New FHA

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