The Senate confirmed David Stevens’ nomination to head the Federal Housing Administration (FHA). The appointment is not yet official, and a schedule for Stevens’ swearing-in has not been set. A Senate committee made the nomination in March 2009, and a panel approved the nomination at the end of June. Industry groups, including the National Association of Home Builders (NAHB) and the National Association of Realtors (NAR) released statements supporting the decision. “During this time of market uncertainty, NAHB believes that it is essential to have a strong and experienced leader at the FHA and David Stevens is the right man for the job,” said Joe Robson, chairman of NAHB. NAR, which represents 1.2m members in the real estate market, echoed praise for Stevens’ confirmation in a released statement. “Dave brings a broad understanding of the importance of housing to the overall economy and the importance of FHA in bringing stability and growth to the housing market,” said Charles McMillan, president of NAR, in the statement. Stevens served as president and chief operating officer at Long & Foster, a Washington D.C.-based real estate firm. He joined the firm in 2006 to lead the firm’s mortgage, title and insurance division. Write to Jon Prior.
Jon Prior was a reporter with HousingWire through late 2012.see full bio
Most Popular Articles
Foreclosures climb 21% in first half of 2026, pushed by higher stress in FHA, VA mortgages
U.S. foreclosure activity rose again in the first half of 2026, with 227,548 properties receiving filings, up 21% from the same period in 2025, according to ATTOM’s midyear foreclosure report.
Jul 16, 2026
-
The housing market’s inventory rebound is shifting power to buyers, but not everywhere
Jul 17, 2026 -
UHM acquires AmeriTrust assets, expands non-QM footprint
Jul 17, 2026 -
Can the housing market weather Iran conflict 2.0 and higher rates?
Jul 18, 2026 -
Mortgage volumes point to bank share gains in Q2
Jul 20, 2026 -
The housing market not normalizing, as affordability failure persists
Jul 20, 2026
Latest Articles
Will Trump’s new Canadian tariffs add cost risk for builders?
On Monday, President Donald Trump threatened to impose 50% tariffs on most Canadian goods, raising questions about the potential impacts on homebuilders and residential construction costs.
-
D.R. Horton bets operating rigor will outperform uncertain demand
-
The JMG acquisition gives teams leverage, but not equal valuations
-
Investors list more homes after ROAD to Housing Act, but impact may stay local
-
FHA proposes partial claim model that drops subordinate liens
-
Equifax locks in $1 VantageScore through 2027
Jon Prior was a reporter with HousingWire through late 2012.see full bio