Housing Bailout Close to Fruition

beyondthemargin.net — The $300 billion housing bailout bill, currently stalled in Congress, promises to rescue homeowners and save the economy. Comprising the core of the bill is a $300 billion increase in FHA lending permitting banks to offload their riskiest mortgages onto American taxpayers in exchange for realizing losses that would be all but a certainty. In order Jun 30, 2008 View in Crawl 4