Mortgage Grapevine

FHA mortgage insurance fund, which might have to seek a $943 million draw from the U.S. Treasury lat

CFPBs operations is obtained primarily through transfers from the Board of Governors of the Federal Reserve System. Transfers to the Bureau in FY 2013 are capped at $597.6 million. The transfer cap for FY 2014, as adjusted by an annual inflation indicator, is currently estimated to be $608.4 million.
by mrpotato April 20, 2013 2:18 PM

To bad they spent the funds that were there to insure the mortgages on all kinds of pet projects.
by RICHONE April 21, 2013 1:51 AM


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