The Wall Street Journal
The Federal Housing Administration will exhaust its reserves over the coming year, according to budget projections released Monday, which would require a Treasury infusion for the first time in its 78-year history.
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http://online.wsj.com/article/SB10001424052970204795304577221222265037002.html?mod=WSJ_RealEstate_LeftTopNews
The Los Angeles Times
On Monday, lawmakers pressed the regulator of Fannie Mae and Freddie Mac to write-down the principal on mortgages of underwater homes.
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http://www.latimes.com/business/money/la-fi-mo-principal-writedowns-20120206,0,6192746.story?track=rss
CNN Money
Federal officials hope to launch a pilot program in early 2012 to convert government-owned foreclosures into rental properties.
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http://money.cnn.com/2012/01/09/news/economy/foreclosures_rental/index.htm?iid=HP_River