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FHA Leans On Treasury For 1st Time For $1.7B Fund Boost

By Ama Sarfo (September 27, 2013, 3:35 PM EDT) -- The Federal Housing Administration told lawmakers Friday that it will need to draw $1.7 billion from the U.S. Treasury next week in order to buttress its Mutual Mortgage Insurance Fund, marking the first time it will lean on the Treasury in its 79 years....

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