Industry News

Congress examines federal housing program reform

Hearing looks at bringing FHA to the modern age
Published on Apr 5, 2006

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by CareyBot

A congressional subcommittee is holding a hearing this morning in Washington, D.C., to examine modernizing the Federal Housing Administration. The Bush administration’s 2007 budget proposes comprehensive reform for the Federal Housing Administration’s single-family mortgage insurance. Under this proposal, mortgage insurance ...