WASHINGTON, D.C. – May 25, 2011 – (RealEstateRama) — At a time when qualified home buyers are experiencing difficulty in obtaining mortgages because of overly restrictive underwriting requirements, the federal government needs to ensure that a reliable and adequate flow of housing credit is available through the Federal Housing Administration (FHA), according to the National Association of Home Builders (NAHB).”If we look to the dramatic increase of FHA’s market share over the past few years, we can see how essential the program is for our nation’s economic recovery,” NAHB First Vice Chairman Barry Rutenberg, a home builder from Gainesville, Fla., told the House Financial Services Subcommittee on Insurance, Housing and Community Opportunity.
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