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FHA Chief: Following Losses, Agency on Road to Recovery 

Oct 29, 2013By

Losses stemming largely from the Federal Housing Administration’s reverse mortgage program sparked debate among house democrats and republicans on Tuesday as FHA Chief Carol Galante responded to questions on the agency’s capital position. FHA requested a $1.7 billion capital infusion in September, the first in its history, to shore up its insurance fund following losses […]