"Throwing this out there without showing evidence of hardship was an outrageous move, outrageous," said David Stevens, who headed the FHA during the subprime mortgage crisis and is a former CEO of the Mortgage Bankers Association. "The administration made a huge mistake bringing moral hazard in and
"Applications for home purchase were up 10 percent compared to one year ago, driven by an increase in conventional purchase applications, which were at their highest level since January 2009," MBA president David Stevens said. "In contrast, government purchase applications actually declined. Refinan
Date: Apr 26, 2018
Category: Business
Source: Google
Republicans Delay Releasing Tax Bill, Signaling Trouble for Party
Were trying to see, and evaluate with a calculator at the end of the day, are the incentives going to be right to help the economy to grow? said David Stevens, the president of the Mortgage Bankers Association, whose industry has much at stake in the rewrite of the tax code.
Date: Nov 01, 2017
Category: U.S.
Source: Google
Senate Committee to Vote on Confirmation of Dr. Ben Carson to Lead HUD
If they stop a fee that hasnt been implemented, then its no-harm, no-foul, David Stevens, who now heads the Mortgage Bankers Association and is a former Obama administration official in the Federal Housing Administration, toldthe Los Angeles Times.
Date: Jan 23, 2017
Category: World
Source: Google
GOP Battle Looms as Mnuchin Seeks Fannie, Freddie Return
"I'm encouraged to hear that ending the GSEs' conservatorship will be a priority for the new administration and that they see the need to reform the system before releasing the GSEs from government control," said David Stevens, president and chief executive officer of the Mortgage Bankers Associatio
Date: Nov 30, 2016
Category: Business
Source: Google
Brexit Update: Britons Either Narrowly Want To Stay In the EU Or Really Want Out
Ten days ago the odds were so firmly in favor of Remain, there was talk of bookies paying out early, Coral spokesman David Stevens told Express. But since then the money has come in for Leave to such a significant degree, we are hardly taking a bet of any note on Remain. And the gap between both
Date: Jun 11, 2016
Category: Business
Source: Google
How the Senate Banking Fight Over Reg Relief Will Play Out
"One thing I'll be interested to see is, who is willing to engage in a dialogue versus who shuts the door?" said David Stevens, president and chief executive of the Mortgage Bankers Association, noting that he's supportive of several housing provisions in the bill and would like to see a bipartisan
Date: May 12, 2015
Category: Business
Source: Google
Government's reckless lending putting US on track for another housing bubble
On my show, former FHA commissioner David Stevens, who did improve lending standards a bit after the crash (before Watt and his cronies weakened them), responded that this time the government has new regulations that will prevent things falling apart: "I think in the effort, post-recession, to make