Articles tagged with: David H. Stevens
The national Mortgage Bankers Association last month named former Federal Housing Administration (FHA) head David H. Stevens as its chief executive officer – an intriguing choice on at least a few levels.
As the head of the FHA, one of Stevens’ duties was to deal with an issue that has been tossed around a lot over the past few years – risk. In short, is a lender making a good bet a home buyer will pay off a mortgage if that loan is written?
Stevens ought to know a thing or two …