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IPFS News Link • Housing

The Great Housing Bust Of 2009

05-04-2009 • HousingDoom.com

The FHA is almost certainly going to need a taxpayer bailout in the months ahead. The only debate is how much it will cost. By law FHA must carry a 2% reserve (or a 50 to 1 leverage rate), and it is now 3% and falling.

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Reported By Jack Gregson

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The Great Housing Bust Of 2009

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