December 16, 2011

Worse off without the Federal Housing Administration

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Today in the Washington Post, Moody’s Chief Economist Mark Zandi tells us why he thinks we would be worse off without the FHA.

The Federal Housing Administration is getting a bum rap. The agency, which currently accounts for almost a third of all mortgages received by U.S. home buyers, has done an admirable job during the six-year housing crash. – Mark Zandi

Read the rest of Mark’s thoughts at washingtonpost.com

 

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