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Realtors® Applaud FHA for Taking Steps to Improve its Financial Stability; More Reforms Necessary

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WASHINGTON (April 10, 2013) – While the Federal Housing Administration still faces challenges ahead, the agency has already taken a number of significant steps to mitigate risk and increase the solvency and strength of the mortgage-insurance fund. That’s according to National Association of Realtors® President Gary Thomas, who testified today before the U.S. House Financial Services Subcommittee on Insurance, Housing and Community Opportunity about the future of the FHA.

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