Just as housing is stabilizing (or is it?), policy makers' worries shift from Fannie and Freddie...

|By:, SA News Editor

Just as housing is stabilizing (or is it?), policy makers' worries shift from Fannie and Freddie to the Federal Housing Administration - where 20% of its loans insured last year (and up to 24% from the year prior) face serious troubles, including foreclosures. Commissioner David Stevens assured Congress today that the FHA has $30B in cash and still won't need a bailout.