The Federal Housing Administration will report Monday that its reserves met the minimum threshold required by law for the first time since 2009, a turnaround for an agency that just two years ago required a taxpayer bailout.

Now, as Wall Street Journal reporter Joe Light notes in a MarketWatch bulletin, support will grow for the FHA to amp up its programs to bring first-time buyers back into the market. Light writes:

The agency backs mortgages with down payments of as little as 3.5%, making it a favorite avenue for borrowers with little means.

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