Jude's Real Estate Rumblings

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FHA Chief Pulls No Punches on Housing While in Denver

FHA Chief Pulls No Punches on Housing While in Denver, as reported by In Denver Times, David Stevens, Commissioner of the Federal Housing Administration and Assistant Secretary for HUD compared the current real estate environment to what it was like in 1934 when the FHA was born. In a room of about 200 lenders he assured those in attendance that everything thing he does is a product of analysis of thousands of points of data and not whimsy.  The steps that he is taking combined with the steps of the Obama Administration in his words are "helping to get the housing market back on track."

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