“Worsening delinquency trends for home loans insured by the U.S. Federal Housing Administration (FHA), evident on large banks’ balance sheets in the second quarter, may point to more trouble ahead for the FHA as the agency seeks to shore up its loss reserves. This may eventually force the FHA to look for opportunities to put back some defaulted loans to the banks, particularly if the agency’s funding status worsens and U.S. home prices fail to rebound quickly.”
http://www.reuters.com/article/2012/08/16/idUSWNA358920120816
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
JPMorgan CEO: Target breach is a wake-up call
Gene wars: the last-ditch battle over who owns the rights to our DNA
Spain bans e-cigarettes in public spaces
Obama executive order expands Homeland Security reach into local law enforcement
Banks in Singapore agonize over rich clients in tax evasion clampdown
Tallest Skyscraper Yet Going Up In Midland, Texas
Russian spokesman mocks Britain, the little island
California School District Owes $1 Billion On $100 Million Loan
Vietnamese boat people return as entrepreneurs [2003]
Pakistani Taliban announces kill plan for drone strike protest leader Imran Khan
First Professional Accounting Firms in North America Accept Bitcoins
The Army's secret Cold War experiments on St. Louisans
Russia Rebounds, Despite Sanctions
NSA shares raw intelligence including Americans' data with Israel
Lawyer for Assange detained at Heathrow and told she was on a 'secret watch list'