Forsyth, NC urban counties at lower housing downturn risk journalnow.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from journalnow.com Daily Mail and Mail on Sunday newspapers.
Only a few years after the Federal Housing Administration required $1.7 billion in special appropriations from Congress to cover losses in its single-family housing mortgage insurance program, some members of Congress now want to derail the agency’s efforts to return to some semblance of fiscal sanity.
Subprime loan delinquency rates are higher than 2008 recession levels, with unemployment still near all-time lows and the layoff cycle just beginning. But Fed won't rescue the housing market