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Home Loans Brokered by Nonprofits Helped Fuel the Housing Crisis

An investigation finds that two nonprofit groups worked closely with some of the nation’s biggest home builders to arrange risky mortgages that could cost the FHA billions of dollars.

By Jeff Horwitz and Dave Jamieson
1 October 2009

Blog: The Rundown

1 Blog Post on "housing"

Follow Up: FHA Blames Woes on Home Loans From Nonprofits

News that the Federal Housing Administration’s capital reserves have dipped to $3.6 billion... Posted by Amanda Zamora, 4:20 pm Nov 16, 2009

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