B&C News Briefs Æ Congressional negotiators have put an end to the Department of Housing and Urban Development’s efforts to create a subprime product for its single-family insurance program. HUD officials had touted the subprime product, which would feature a premium that stepped down based on a borrower’s credit history, as an alternative for borrowers currently served by the subprime market. According to the agency’s estimates, the product would boost endorsements by about $7.5 billion