FHA reverse mortgages are in the red, and taxpayers could be on the hook for a bailout

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  • FHA reverse mortgages are in the red, and taxpayers could be on the hook for a bailout
    FHA reverse mortgages are in the red, and taxpayers could be on the hook for a bailout

    FHA chief Brian Montgomery said this week that he expects a $14.4 billion loss from its mortgage insurance fund in coming years. (Joshua Roberts/Getty Images) The Federal Housing Administration released its annual financial report for fiscal year 2018 last week, and one part of the agency’s portfolio is raising […]

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