On Monday, April 15, NAR staff attended the swearing in ceremony of Dr. Mark Calabria to be the next Director of the Federal Housing Finance Agency (FHFA). Dr. Calabria has decades of experience in housing and finance policy, including time spent at NAR. NAR supported Dr. Calabria’s nomination, which included most recently, spearheading a coalition letter to the full Senate that lead to his confirmation on April 4 to a five-year term. At the ceremony, NAR joined a wide array of industry participants in supporting Director Calabria’s new role where he will be responsible for ensuring a reliable, stable, and liquid housing finance system that provides access to affordable mortgage credit for all creditworthy Americans.
New FHFA Director Sworn In
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