FHA, Ginnie Mae, Mortgage Fraud Initiatives Get Significant Appropriations from Congress
December 17, 2009
The FHA single-family mortgage insurance program and initiatives for combating and preventing mortgage fraud accounted for a major portion of appropriations approved by Congress for the Department of Housing and Urban Development last week. The increased appropriations for key HUD initiatives are part of the $1.1 trillion omnibus spending bill approved by the Senate over the weekend which now awaits...