Sunday 18 November 2012

Statement From NAHB Chairman On FHA Mutual Mortgage Insurance Fund


Barry Rutenberg, chairman of the National Association of Home Builders (NAHB) and a home builder from Gainesville, Fla., issued the following statement on the latest actuarial review of the FHA mutual mortgage insurance fund:

“In light of today’s report, there will certainly be discussion about altering the structure or role of the FHA. We would urge policymakers to proceed cautiously.

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