Law and regulation

Stevens to Get FHA Commissioner Nomination

Published March 23, 2009, 1:00 p.m. EDT

1 Min Read

President Barack Obama is expected to nominate mortgage industry veteran David H. Stevens to be the new Federal Housing Administration commissioner. A former Freddie Mac and Wells Fargo Home Mortgage executive, Mr. Stevens joined Long & Foster in 2006 and was promoted to president and chief executive of the real estate firm's mortgage, insurance and title affiliates last year. Long & Foster's Prosperity Mortgage is a joint venture with Wells Fargo. Sources indicate the White House is likely to announce Mr. Steven's nomination on Monday or Tuesday.

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Law and regulation

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