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Another housing agency may need a bailout

Published by bedrosiancenter on

Bedrosian Center Director, Raphael Bostic interviewed by Mark Garrison on Marketplace, right before the FHA financial status report was sent to Congress.

“FHA has historically been an entrée for a bunch of first time homebuyers to get access into home ownership,” says Raphael Bostic, a USC public policy professor and former HUD assistant secretary.

Bostic adds that the program with roots in the Great Depression has been especially important for minority home buyers.”

Bedrosian Center