Buoyed by a rise in first-time homebuyer activity, FHA is playing a major role in fueling home purchase activity these days. And any move to tighten FHA’s underwriting requirements or raise its fees could have major repercussions for a recovery of the fragile U.S. housing market. According to the latest Campbell/Inside Mortgage Finance Monthly Survey of Real Estate Market Conditions, FHA financing...
The creation of a U.S. sovereign wealth fund could grease the skids for an end to the conservatorships of Fannie Mae and Freddie Mac.
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