Steve has it pegged..if its not so sloppy in the bore that it can be retained with Cylindrical Locktite, then that is probably going to work. (You won't always find the cylindrical locktite at an auto parts supply btw..and its green in color.)
If its actually so loose in its bore that you can wiggle the race around with your fingers..you are completely wasting your time and the housing is simply trashed.