the housing secretary dropped by. what did he say about the likelihood of a bailout? sean donovan is the housing chief, he was testifying in the house. he really tried to down play it by saying it s going to take another big down turn in the housing market for there to really be a crunch year and a possible bailout. but as we all know, there have been consistent down turns in the housing market. it s very much a fluid situation. sean donovan insisted he thinks it will be okay. take a listen. fundamentally what we re talking about here is a risk if the economy and the housing market perform worst than expected in the actuarial, that is the risk that could push fha s capital reserves to the next i can t tell you here today that that s a zero risk. but he made it seem like it was unlikely. you played a clip from a democrat of massachusetts who said he thinks the administration is in denial and he later went on to say he
chances for a second term, spokesman jay carney said no. the action that he and other leaders in washington took did reverse the free fall. key part is fixing the housing crisis, while an independent auditor warned the federal housing administration may need $50 million bail-out. the housing chief downplayed it. the new loans we are making even under the most severe economic scenarios that the actuary looked at would remain profitable. democratic lawmaker suggested the administration is in denial. you have dug yourself in such a deep hole you are going to need some funding. you are going to need a bail february 2009, mr. obama promised to help $ 7 to 9 million people refinance to prevent foreclosure. fox news checked today with federal housing officials. only 894,000 have been helped. if you are asking me is the
behavior. donald trump ignored that saying he s changing washington and draining the swamp. swawashington tried to chang us, but instead we are actually changing washington. we ve had a big impact. we need matt rosendale in the senate to continue our fight to drain the swamp. we re going to get it done. now, pruitt s swamp habits may be brazen and tone deaf, but he s not alone. his interior secretary under pressure for dealings with the oil giant. trump s treasury secretary exposed for questionable taxpayer funded travel, an issue that caused trump s health secretary his job already and then there is trump s housing
spokesman jay carney said no. the action that he and other leaders in washington took did reverse the free fall. key part is fixing the housing crisis, while an independent auditor warned the federal housing administration may need $50 million bail-out. the housing chief downplayed it. the new loans we are making even under the most severe economic scenarios that the actuary looked at would remain profitable. democratic lawmaker suggested the administration is in denial. you have dug yourself in such a deep hole you are going to need some funding. you are going to need a bail-out. in february 2009, mr. obama promised to help $ 7 to 9 million people refinance to prevent foreclosure. fox news checked today with federal housing officials. only 894,000 have been helped. if you are asking me is the