Realtors® Congratulate Brian Montgomery on FHA Confirmation

Washington, D.C. – May 23, 2018 (PRNewswire) The U.S. Senate voted today to confirm Brian Montgomery as the next assistant secretary for Housing. The vote comes six months after the Senate Banking, Housing, and Urban Affairs Committee approved Montgomery’s initial nomination for FHA commissioner.

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National Association of Realtors® President Elizabeth Mendenhall, a sixth-generation Realtor® from Columbia, Missouri and CEO of RE/MAX Boone Realty, commended the Senate for its confirmation of Commissioner Montgomery, noting the importance of his previous experience overseeing the FHA.

“Brian Montgomery served as Federal Housing Administration commissioner during one of the most critical periods in the history of America’s housing industry. He has shown the ability to lead and understands the essential role the FHA plays in addressing affordability and facilitating homeownership in the U.S., particularly for first-time home buyers.

“Realtors® congratulate Commissioner Montgomery on his confirmation and look forward to working with his FHA to make the dream of homeownership a reality for millions of additional Americans.”

The National Association of Realtors® is America’s largest trade association, representing 1.3 million members involved in all aspects of the residential and commercial real estate industries.

Information about NAR is available at www.nar.realtor. This and other news releases are posted in the newsroom under the “About NAR” tab.

Fair Housing Focus: Upheaval Leads to Landmark Law

Three events led to passage of the Fair Housing Act on April 11, 1968:

  • the role of housing in the civil rights push
  • the Kerner Commission report on urban unrest
  • the assassination of Dr. Martin Luther King, Jr.

In the following video (from the NAR YouTube channel) NAR Director of Broadcasting, Stephen Gasque, walks us through the dynamic events that resulted in the movement to increase housing fairness for all Americans.

Voice for Real Estate – FHA Premium, Carson, Reverse Mortgages

In one of its first actions, the Trump Administration suspended a planned decrease in the FHA mortgage insurance premium. Other segments of this ‘Voice for Real Estate’ segment look at the nomination of Ben Carson to be HUD secretary, the latest on home sales, and how consumers can use a reverse mortgage to purchase a home.