I have always believed that Countrywide and Wells Fargo were some of the major players in the residential mortgage market. Sure there are others; but I believed between the two of them, they could keep the market going. The other day I was doing some reading on the internet and read that Congress is considering ways to once again make FHA a major player in the residential mortgage market. If they were always one of the players at one time, what happened to where they are not a major player at this time? Does the government have to many stipulations and requirements before you purchase a house that people could not afford once they have read all the fine details.
