Ex-FHA Chief Stevens Worried About the Agency’s Capital Ratio

David Stevens, who departed as the Federal Housing Administration commissioner back in the spring, is concerned that the government insurer’s capital reserves could be hurt by the lack of house price appreciation and other factors.

Article source: http://www.nationalmortgagenews.com/dailybriefing/2010_431/stevens-worried-capital-ratio-1026562-1.html?CMP=OTC-RSS

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