FHA is poised to increase fees to borrowers:

08/23/2010 | Wall Street Journal, The

The Federal Housing Administration is trying to avoid using up all its reserves by increasing fees charged to borrowers. The FHA guaranteed more than $850 billion in loans at the end of June, a 24% increase from last year. Helping the housing market has cost the FHA, as many of the loans it has guaranteed have defaulted, resulting in a significant decline in the agency's reserves.

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Wall Street Journal, The

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