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Pressure Points on the FHA

The Federal Housing Administration's renewed popularity has strained the agency's home mortgage insurance program. As credit has dried up and lenders have become more conservative about making conventional loans, the volume of FHA-backed mortgages swelled. Critics question whether the agency has the resources to handle its workload and root out unscrupulous lenders.

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The Next Hit: Quick Defaults
Article | The last time the housing market was this bad, Congress set up the Federal Housing Administration to insure Depression-era mortgages that lenders wouldn't otherwise make.

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