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Realtors® Advocate Higher Loan Limits and Low Down Payment for FHA

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WASHINGTON (May 25, 2011) – The Federal Housing Administration plays a critical role in the nation’s housing financing system, providing safe, affordable mortgage financing to consumers in all markets during all economic conditions, the National Association of Realtors® said in testimony today.

NAR President Ron Phipps spoke before the House Financial Services Subcommittee on Insurance, Housing and Community Opportunity regarding a discussion draft of legislation to reform FHA.

“As the leading advocate for homeownership, NAR strongly supports FHA’s… Read More

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