NAHB on July 13 applauded Senate confirmation of David Stevens as head of the Federal Housing Administration (FHA).

“During this time of market uncertainty, NAHB believes that it is essential to have a strong and experienced leader at the FHA and David Stevens is the right man for the job,” said NAHB Chairman Joe Robson.

“His strong background in the financial services, real estate and mortgage industries makes him uniquely qualified to take on the extensive challenges facing the FHA and the housing industry,” Robson said. “NAHB looks forward to working with Mr. Stevens and HUD in 2009 and beyond to put housing back on a growth path.”

Since October 2008, Stevens served as president and chief operating officer of the Washington, D.C.-based real estate firm of Long & Foster. He joined Long & Foster in 2006 to lead the company’s affiliated businesses, including its mortgage, title and insurance division. [Return to top]