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Inman News: Don’t Bet on an FHA Bailout 

Dec 10, 2012By

Changes to the Federal Housing Administration’s (FHA) negative $16 billion mortgage portfolio will not affect most borrowers, according to Inman News. Following the results of the independent audit, FHA remains firm in several withstanding policies that will continue to encourage homeownership. Despite criticism, FHA refused to raise minimum down payments from 3.5% to 5%. There […]