@michaelchargreaves.bsky.social
Trump and Musk plan to lay off 40% of the FHA, which helps homebuyers obtain mortgages and insures lenders against losses. These loans return a profit of billions of dollars every year to The Treasury. These cuts will make it more difficult for low income buyers to buy homes. #doge #dumb #dei
Federal Mortgage Insurer to Lay Off About Half Its Workforce (2)
The Trump administration is planning to lay off at least 40% of the workers at the federal agency that provides mortgage insurance on loans for people who otherwise wouldn’t qualify for one, according...
news.bloomberglaw.com
February 19, 2025 at 4:26 PM