The FHA is expected to announce a bulk sale program today in which it will attempt to offload...

|By:, SA News Editor

The FHA is expected to announce a bulk sale program today in which it will attempt to offload more troubled loans to investors, potentially preventing or delaying foreclosures for thousands of homeowners. The agency has more than 700K loans in default, amounting to more than 9% of the $1T in loans it insures.