WASHINGTON (December 13, 2013) – The following is a statement by National Association of Realtors® President Steve Brown:
“NAR is a strong supporter of the Federal Housing Administration and its vital role in the mortgage marketplace.
“The 2013 Actuarial Review released today shows that FHA is on a positive trajectory to rebuild its capital reserve fund and meet the congressionally required 2 percent excess reserve amount by 2015. These promising gains are the result of strong leadership and a commitment to policies that balance risk with FHA’s… Read More
