Industry Groups Try to Build Congressional Support for FHA Reform in Short Calendar
May 19, 2006
Mortgage and housing industry groups are pressing House lawmakers to line up in support of legislation to raise FHA loan limits and give the Department of Housing and Urban Development more flexibility in designing FHA programs. The Mortgage Bankers Association joined with the National Association of Realtors, the National Association of Home Builders, the American Bankers Association and six other trade groups in a joint letter urging support for H.R. 5121, the “Expanding American Homeownership…