Democrats and the White House see the Federal Housing Administration as a way to help out troubled mortgage holders. Bad idea.

Cash in the home (Lexington Herald-Leader)
Home might be where the heart is, but it's also where the money is for millions of seniors. Older adults hold $4.3 trillion in home equity. By 2030, when the youngest members of the baby boom generation retire, Americans 62 and older will have $37 trillion locked up in their houses, the National Reverse Mortgage Lenders Association predicts. That much money attracts attention. As a result, the ...