FHA Bailout Oversight Board to Resolve All Implementation Issues by Oct. 1; Other Provisions May Take More Time
July 31, 2008
While the timing of other key provisions in the omnibus housing bill signed into law this week remain unclear, the oversight board implementing the $300 billion borrower-rescue package under the FHA has committed to have the program up and running by Oct. 1. Emerging from a meeting with board members on Capitol Hill early this week...