As Industry Bigwigs Whine About FHA Maybe They Should Focus On Pay

The Fraud Pales In Comparison To Employee Misclassification Ongoing

At the peak of the 2008 crisis, Federal Housing Administration (FHA) loans came in at a whopping fifty percent of the market share. Since then and since Jamie Dimon's Earnings Call scrapping FHA risk, FHA loans account for roughly 19% of the space today. Ironically, though, less than a week ago, Dimon was looking to get back on board provided that he could do whatever he wanted . . .

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