House Overwhelmingly Passes FHA Solvency Bill, Asks for Plan

The House passed a bill that requires the Federal Housing Administration to submit a plan to Congress on how it intends to avoid a government bailout of its financially strapped mortgage insurance fund.

Article source: http://www.nationalmortgagenews.com/dailybriefing/House-passes-FHA-solvency-bill-1032174-1.html

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