FHA Commissioner David Stevens addresses mortgage industry policy concerns
by Mike King on Dec.19, 2009, under Uncategorized
“The recovery of the nation’s housing market presents the industry with many challenges and opportunities. As a mission-driven organization, FHA’s goal is to provide sustainable homeownership options for qualified borrowers. Due to the economic downturn, FHA continues to experience an unprecedented surge in business which puts pressure not only on our infrastructure, but on our risk exposure as well. We must continually balance serving our mission while ensuring FHA operates in a safe and sound manner.”
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