The combination of loose credit and rising prices during the recent housing boom brought the Federal Housing Administration to the brink of irrelevance. The agency has helped generations of Americans buy homes, but few needed its assistance when private loans were so easy to obtain. -
U.S. Ponders a New Deal for FHA
The combination of loose credit and rising prices during the recent housing boom brought the Federal Housing Administration to the brink of irrelevance. The agency has helped generations of Americans buy homes, but few needed its assistance when private loans were so easy to obtain.-
By David S. Hilzenrath