FHA Reserve Fund Sees Cash Cushion Improve Slightly

Posted by mortgagebroker in Mortgages, ... | 02.05.2010 - 10:35 pm

The Federal Housing Administration had $32.6 billion in liquid assets on hand at Dec. 31 — a slight increase from three months earlier — to cover potential losses on its $700 billion-plus book of business, according to new figures provided by the agency.


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