FHA Plays Vital Mortgage Finance Role, but Private Sector Must Return

Washington, DC – May 13, 2010 – (RealEstateRama) — The Federal Housing Administration plays a key role in today’s housing market, but changes are necessary to support recovery in the real estate market and general economy. That was the focus of today’s “Restoring the Balance of Public and Private Capital in Mortgage Finance” session, part of a three-day summit during the Realtors® Midyear Legislative Meetings & Trade Expo here this week.