The FHA is broke. Thank you congress
Started by Riversider
about 16 years ago
Posts: 13573
Member since: Apr 2009
Discussion about
http://brucekrasting.blogspot.com/2010/07/fha-we-are-officially-broke.html In the end the mortgage mess will cost us nearly a trillion. A very big price. For that tab we should learn a lesson. Soft lending to achieve broad social goals is a mistake. Tell that to Barney Frank. This was his dream.