Looking back, the housing industry is totally Scrooged

Looking back, the housing industry is totally Scrooged

Here's the HousingWire/Star Wars Christmas 2014 special

FHA loans could face "tidal wave of defaults"

All indices hit series high

Another mortgage lender launches 3% down loan

Falls in line with FHFA
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David Rosenberg: Get Ready For The FHA To Go Completely Bust

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We've mentioned before that the FHA seems to have no idea how bad things are going to get for its portfolio of mortgage insurance and is adopting completely inadequate reforms to protect against looming disaster. Of course, the FHA can never really go broke. Ultimately, the FHA is backed up by the full faith and credit of the United States government. Which means that we're all on the hook for the FHA's mistakes.

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