Who is to say that borrowers didn't open the door to early defaults just to get a free ride? And is the government giving the Federal Housing Administration what it needs to be efficient?
These are just a couple ideas generated from readers at The Washington Post after the publication ran an article "The Next Hit: Quick Defaults" with regard to the rapid increase of defaults occurring after one or zero payments.
The president and CEO of the Mortgage Bankers Association shares with readers his thoughts on how teh MBA has worked to help combat fraud and how FHA needs the funds to continue helping qualified first-time home buyers and others.
