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(Image from article: "Fannie Mae, Freddie Mac bailouts could hit $363 billion, report says")

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Federal Housing Administration running low on cash: report

The Federal Housing Administration's cash reserves have dropped so low that there is a close to a 50 percent chance it could run out of funds and may require a taxpayer bailout next year, the Wall Street Journal said, citing an annual independent audit of the agency's finances.

 

Fannie Mae, Freddie Mac bailouts could hit $363 billion, report says

Fannie Mae, Freddie Mac bailouts could hit $363 billion, report says

That figure, projected through 2013, represents a worst-case scenario that assumes a double-dip recession, the Federal Housing Finance Agency says. The finance giants have so far received about $148 billion in taxpayer funds.

 

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