At a bipartisan conference on housing, NAR President Steve Brown made a case for relaxing certain FHA policies that he says have impeded homeownership opportunities for many first-time buyers and others with less robust credit histories.
“Homeownership is not a Republican or Democratic talking point, it’s an aspiration that all Americans share,” said Brown. “I’m pleased to be a part of the BPC’s summit, which is an opportunity for experts and policy makers from both sides of the aisle to come together and discuss housing policy in a bipartisan manner.”
Attendees included Julián Castro, secretary of the U.S. Department of Housing and Urban Development, Carole Galante, commissioner of the Federal Housing Administration, and current and former U.S. Sens. Kit Bond, R-Mo., Johnny Isakson, R-Ga., and Mel Martinez, R-Fla.
Read Brown’s letter, which outlines his case, here.