FHA is likely a disaster in the making. If we are not careful, it may become Fannie Mae and Freddie Mac, the sequel.
Jeb Hensarling: “FHA is likely a disaster in the making. If we are not careful, it may become Fannie Mae and Freddie Mac, the sequel.”
On the recordNovember 30, 2011
Source
congress.govEditor's note · Context
Hensarling warns of potential failures in the FHA similar to past financial crises.
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