AgentMortgage

FHA stays in the jumbo loan game

Why lawmakers benched Fannie, Freddie
Published on Dec 28, 2011

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by CareyBot

We've all heard stories about second-team players that were thrust into the starting lineup because the usual starters were not healthy enough to play -- or whose past performance did not merit a starting role.

The same was true for the Federal Housing Administration in 2011. It became the preferred default setting in the United States mortgage banking system -- again -- by default.

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