Wharton Professor Cautions FHA May Need A Bailout | WAMU 88.5 - American University Radio

Wharton Professor Cautions FHA May Need A Bailout

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The Federal Housing Administration issues its annual report to Congress Tueday. A professor at the University of Pennsylvania's Wharton School is warning the FHA's problems are worse than the agency is letting on. Joseph Gyourko predicts that taxpayers will have to provide another bailout if the economy doesn't improve soon.
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