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Loan Modification

: FHA Mortgage Guide

FHA Commissioner Cites Postive Developments, Challenges to Housing Markets

By Karen Lawson

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In an address sponsored by the National Association of Realtors (NAR), FHA commissioner David Stevens noted positive signs of recovering housing markets. Although increasing sales can be partially attributed to the expired federal tax credit program, Stevens also noted that private capital is returning along with investor confidence in housing markets. Stevens also cited signs that employment is improving in some areas, a major factor influencing consumer confidence toward buying homes. Challen read more

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Full post as published by FHA Mortgage Guide on May 18, 2010 (boomark / email).

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