After assuring the mortgage industry that the FHA program and its capital reserve levels would survive without major changes to mortgage premiums or other underwriting requirements, Department of Housing and Urban Development officials acknowledged this week that the agency will probably wind up having to tighten these measures after all. HUD Secretary Shaun Donovan and FHA Commissioner Dave Stevens...
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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