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from Saina33, 3 years ago in Business & Mgmt
FHA to draw $1.7b from Treasury to cover losses
Boston.com, on Sat, 28 Sep 2013 04:56:18 -0700
WASHINGTON — A federal housing agency said Friday it needs a $1.7 billion bailout from the Treasury to cover projected losses in its reverse mortgage programs which allow seniors to borrow against their homes for everyday living expenses. Federal …
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