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The FHA Is on Board With Principal Reduction Article
Housing and Urban Development Secretary Shaun Donovan gestures during a news briefing at the White House.<br /> (AP/Pablo Martinez Monsivais)

The FHA Is on Board With Principal Reduction

John Griffith argues that with most of the mortgage industry embracing principal reduction as a way to help troubled homeowners, Fannie Mae and Freddie Mac should follow suit.

John Griffith