Search League Tables

Thursday, 24 July 2014

Ailing U.S. mortgage agency needs stronger walls

Unfinished foundations

The Federal Housing Administration is $16 bln in the red. Now a bipartisan group of senators is trying to boost the agency’s capital and oversight. Their bill, though, doesn’t go far enough. Without more robust rules on lending standards, the FHA will remain a fixer-upper.



This content is for Subscribers only

To access full Breakingviews.com content you must be a subscriber. Please use the following link to request a trial.

Sign In

(Launches in a new window)