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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: patron_anejo_por_favor who wrote (90099)9/22/2007 7:19:54 AM
From: Dan3Read Replies (1) of 306849
 
Re: According to the Bush Administration's own actuarial projections, FHA already lacks the revenue stream to pay the expected claims on loans that go sour, though it claims expanding its loan portfolio will put it in the black.

I get it!

They lose a little on each loan, but make it up in volume!

:-)
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