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Long & Foster President to be Selected to Lead FHA
WaPost ^ | 3/22/09 | Dina ElBoghdady

Posted on 03/22/2009 3:18:53 PM PDT by anniegetyourgun

David H. Stevens, president of Long & Foster, the Washington real estate firm, is expected to be nominated tomorrow to run the Federal Housing Administration.

Though the Obama administration declined to confirm the appointment today, sources said Stevens has been undergoing the required background checks. These sources spoke on condition of anonymity because they did not have the administration's permission to speak publicly.

If confirmed by Congress, Stevens would be the only FHA commissioner in recent years with a strong background in single-family home mortgages. After more than two decades in the financial services industry, Stevens has overseen every aspect of home financing, from originating mortgages to selling them on the secondary market. That experience appealed to the administration, the sources said.

(Excerpt) Read more at washingtonpost.com ...


TOPICS: Government; News/Current Events; US: Maryland; US: Virginia
KEYWORDS: bho44; bhofha; davidstevens; fha; housing; longandfoster; realestate; stevens

1 posted on 03/22/2009 3:18:53 PM PDT by anniegetyourgun
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To: anniegetyourgun

Good post


2 posted on 03/22/2009 3:32:26 PM PDT by Dubya (Jesus saith unto him, I am the way, the truth, and the life: no man cometh unto the Father,but by me)
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To: anniegetyourgun
Obama administration sources said "Stevens has been undergoing the required background checks."

Just making sure that he has been cheating on his taxes so they know he will fit in with the rest of the mob.

3 posted on 03/22/2009 3:46:40 PM PDT by Iron Munro (Suppose you were an idiot. And suppose you were a member of Congress. But I repeat myself.)
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