By Wall Street Journal
Concerns are rising that the Federal Housing Administration could run out money if the economy doesn’t recover soon, raising the risk the agency would seek a taxpayer bailout for the first time in its 77-year history… as the FHA prepares to release its annual financial report next week, a forthcoming study by Joseph Gyourko, a real estate and finance professor at the University of Pennsylvania’s Wharton School, estimates that the FHA faces around $50 billion in losses in the coming years…
