Wall Street Journal |
FHA needs $ 1.7B to cover reverse mortgage losses
USA TODAY SHARE 25 CONNECT 21 TWEET 2 COMMENTEMAILMORE. WASHINGTON (AP) — A federal housing agency said Friday it needs a $ 1.7 billion bailout from the Treasury to cover projected losses in its reverse mortgage programs which allow seniors to … FHA Will Require $ 1.7 Billion From Treasury US federal housing administration to tap $ 1.7 bn from treasury FHA to get $ 1.7 billion in its first taxpayer-funded bailout |