MADRID - The Spanish voters expelled from the Socialist government Sunday's election as a referendum on the management of European debt crisis, which left Spain bowing to the rising unemployment, mounting debt and the reduction of public benefits .
Board of Directors of mortgage insurance 'is becoming dangerously close to the farm is not too much cash for credit losses.
An annual independent actuarial brings the FHA loan loss reserves were 0.24% of its $ 1.1 trillion-dollar mortgage insured.
The FHA, which does not originate loans, but ensures increased from less than 5% market share at the height of the housing boom is now over 30 percent. Accounting measure of FHA's reserve currency by estimating future losses, and these estimates continue to grow at home prices fall and mortgage outstanding still run very high.
