Relevant:
- HUD Chief says FHA strong enough to play key role in down market
- Federal Housing Administration to play expanded role
- Stevens: FHA Wants Less Market Share, More Muscle
- David H. Stevens details the new RESPA rule and the role of the broker and stabilization in housing
- There is a difference between a housing "bottom" and a housing "recovery"
2010-05-11 — earthtimes.org
"Stevens said FHA continues to play a pivotal role in housing recovery and reemphasized that reform is critical. "After the housing market crashed, FHA had to step in to play a vital role. Over the past three years, FHA reacted by increasing its market share dramatically. There would be no housing market recovery without FHA; however, the program is at risk. We cannot continue to operate under the current construct if we don't shore up its fiscal situation. We need to make FHA stronger," said Stevens."
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