On the recordSeptember 17, 1989
The recent dramatic increases in defaults and losses in the FHA fund indicate that FHA activity over the last few years has not been on an actuarially sound basis.
Source
presidency.ucsb.eduGeorge H.W. Bush: “The recent dramatic increases in defaults and losses in the FHA fund indicate that FHA activity over the last few years…”
Editor's note · Context
Statement of Administration Policy: H.R. 2916 - VA, HUD, and Independent Agencies Appropriations Bill, FY 1990
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