Obama to tap mortgage exec Stevens to head FHA: reports - MarketWatch
Story date: 2009-03-23 03:53:40
Added on: 2009-03-23 04:13:20
Obama to tap mortgage exec Stevens to head FHA: reportsMarketWatchThe FHA insures mortgage lenders against home-mortgage defaults and provides loans to homebuyers who can't afford substantial down payments. In the current housing climate, private mortgage insurers have raised prices and refused to cover riskier deals ...
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