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Archive Home > 2012 > December > 07 > FHA may yet need bailout, official warns

FHA may yet need bailout, official warns

• But HUD secretary advises against any hasty changes to ‘fragile’ housing agency

By Jim Puzzanghera / The Bulletin
December 7, 2012

WASHINGTON — A top Obama administration official said Thursday that he could not guarantee that efforts to shore up a key government housing agency won’t save it from needing a taxpayer bailout next year.

But Housing and Urban Development Secretary Shaun Donovan cautioned senators worried about....

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