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But by straying far from its mission, the FHA is now hurting the very low-income borrowers it is supposed to help. New research from American Enterprise Institute resident fellow Edward J. Pinto shows in painstaking detail how the agency s policies are setting families up to fail. Here, he distinguishes myths and facts about FHA policies. The government-sponsored enterprises had a major role in the housing crisis, but the worst is over. No. The taxpayer bailouts ($180 billion so far) of Fann.
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