FHA Delays the Release of Disputed Audit of Its Finances

By Dina ElBoghdady – The Washington Post (5 Nov 09)

The Federal Housing Administration abruptly delayed the release of a long-awaited independent audit of the financial soundness of the agency, citing potential problems with the accuracy of some of the study’s economic models.

The audit, compiled by Integrated Financial Engineering of Rockville, was scheduled to be released Wednesday, and the agency’s top officials planned to brief reporters on its results.

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