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Tuesday Nov 10 | Posted by: mortgagenews

FHA's reserve fund hits 7-year low

Full story: www.washingtonpost.com

The Federal Housing Administration, which has played a crucial role supporting American home buyers after the collapse of the mortgage market, has burned through a huge cash reserve in less than a decade and could soon wind up with what amounts to an automatic taxpayer bailout if the agency's fortunes don't improve, according to a review of FHA finances.

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Daily Horoscope for November 23

Capricorn

Some of you may be unduly worried today; it's just the emotional Moon meeting up with imaginative Neptune and nervous Uranus today. You could imagine all kinds of terrible fates that could befall you, but none of them are likely to happen. Your best defence against your fear and anxiety is to think positive, happy thoughts... you'll swear you can fly!

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