There’s been a lot of chatter recently about whether or not the Federal Housing Administration (FHA) is going to need a bailout. The FHA insures—but does not write—home loans, and thanks to the housing bust, the agency has had to dip a little further into its reserves than it probably would have liked to. That means the FHA might fall below its mandated 2% capital reserve ratio. We were supposed to get the agency’s annual actuarial study today, but last night the FHA said the report would be delayed. As HousingWire reports, FHA asked its inspector general to run some additional risk scenarios. The inspector general did—and based on those results the FHA called into question the accuracy of the report. All of which might make you think the bailout talk will have to wait for another day. Wrong!