“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:
Ireland votes to liquidate Anglo Irish Bank
Google to Microsoft Face User-Request Overload in Europe
Russian meteor blast had force of 300-kiloton nuclear warhead
10-Year-Old Carrying BB Guns on School Grounds Arrested
China Eclipses U.S. as Biggest Trading Nation
Swiss bank exec fleeing from U.S. government arrested in Italian hotel
Trump in Line to Receive Top U.S. Intelligence Secrets
With Montana’s Lead, States May Demand Warrants for Cellphone Data
America's Fastest-Growing Cities Since The Recession
Death toll rises in Egypt following clashes
Holiday in Thailand could end for expats
Amazon urged not to sell facial recognition tool to police
Goebbels love letters and fiction go to auction
Obama mocks Lew’s loopy signature: Don’t devalue the dollar with illegible writing
Report: Assad agreed to quit on own conditions, US refused