Content Tagged As cushion
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Another taxpayer bailout? Housing agency's financial cushion sinks
November 12, 2009 10:09 AM
The Federal Housing Administration says its financial cushion has dipped to a dangerously low level but should remain above zero under "most economic scenarios." The agency, a major source of funds for first-time homebuyers, faces mounting concerns that it will eventually need a taxpayer bailout as losses grow from homeowners... more »
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