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Study projects years of foreclosures due to FHA's easy lending rules

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As many as one in seven families across America with Federal Housing Administration-backed mortgages will lose their homes to foreclosure in coming years, according to a landmark study by a former executive vice president and chief credit officer at Fannie Mae. The FHA mortgage program is intended to help low and moderate income families, and first-time purchasers, to buy homes and build...

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