FHA: Yep, We're Pretty Much Broke
• The Business InsiderThe Federal Housing Administration (FHA), which guarantees a good chunk of the mortgages written each year, is in serious trouble.
The Federal Housing Administration (FHA), which guarantees a good chunk of the mortgages written each year, is in serious trouble.

AP:
http://abcnews.go.com/Business/wireStory?id=8610878
I see dueling headlines! http://www.msnbc.msn.com/id/21134540...98114#32698114 "a ticking time bomb"...... Kudlow on CNBC interviews FHA watcher