Reserves at home loan agency skid
Posted: September 19, 2009 at 2:46 a.m.
The Federal Housing Administration, the government agency that insures more than 20 percent of U.S. single-family mortgages, said Friday that its financial cushion will sink below mandatory levels for the first time in its history, but officials insisted the agency won't need to be rescued.
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Business, Pages 33, 34 on 09/19/2009
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