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Donovan says FHA taking steps to avoid bailout
Posted to: Around The Web
Thursday, December 06, 2012 7:06 PM

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Shaun Donovan, secretary of the Department of Housing and Urban Development, told the Senate Banking Committee Thursday that he can't guarantee the Federal Housing Administration will not require a taxpayer-funded bail out, but said it is taking steps to ensure that won't happen.

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Mortgage Rates:
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