By Jessica Holzer Of DOW JONES NEWSWIRES
WASHINGTON (Dow Jones)--A measure to put the Federal Housing Administration on firmer financial footing sailed through the U.S. House of Representatives Thursday.
The legislation, approved on a 406-4 vote, would allow the FHA to shift some of the upfront costs it charges borrowers to the annual premium and give the agency more powers to protect itself from fraudulent or poorly underwritten loans.Read More...
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