Congratulations David Stevens on being appointed as the NEW FHA commissioner for HUD!!

By
Mortgage and Lending with Independent

David H. Stevens

It gives me great pleasure to congratulate David Stevens on his recent appointment from President Obama to head up the FHA Administration. (Washington Post Article)

Even though its not official until the Senate approves the final vote, I am very excited because of Two reasons.

1st of all if elected, Mr. Stevens will be the only the only FHA commissioner to have a strong background in Mortgages and Real Estate.

2nd of all Mr. Stevens was the president of my company (Prosperity Mortgage a joint venture of Wells Fargo and Long & Foster Realty), he was also a former president of Freddie Mac and currently he is the president of Long & Foster Realty. 

So not only does he have the background and mindset from a Mortgage standpoint, he has the knowledge and mindset from a Real Estate agent standpoint!  How awesome is this?

David Stevens is also a current Activerain member, although he has erased most of his previous posts because he transferred them over to his outside blog where he focuses most of his content now.

I have personally met with David Stevens when he came down to my office and witnessed his great presentation skills and knowledge.  He is truly an extremely smart individual who knows his stuff and has the vision of making our marketplace a better place for all.

So here is hoping you get the job David and Good Luck & Best Success to you my friend!

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Topic:
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Location:
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Groups:
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True Mortgage Professionals
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It's all about them (ThemThem)
Tags:
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Rainmaker
274,201
Ron Tarvin
Residential, Investment properties, rehab projects, property management, luxury homes, new construction! - Katy, TX
Broker, Katy, Houston, Cypress 77450,77494,77095

Might be a great choice but I would say ties with Freddie Mac would certainly NOT be a strong point a resume at this point.

"David Stevens is also a current Activerain member, although he has erased most of his previous posts due having all eyes on him now, which is understandable."

I'm not sure why it's "understandable" to erase what you believe.  It seems to me that if you stand on principle, especially in a public forum like this, then you don't have anything to worry about.

It will be interesting to see how it goes!  Good Luck for you guy!

Mar 24, 2009 06:30 AM #1
Rainer
82,653
Justin Williams
Independent - Virginia Beach, VA
Loan Officer

@Ron

Hey Ron to address the Freddic Mac thing if you check David's linkedin page you would see his Freddic Mac roots were over a decade ago.

Also to address the Activerain message, thats my fault I corrected it in the blog, he focused most of his efforts and official public comments on his outside blog and he just transferred all of his content he had on Activerain (which was only like 4 posts) over to his new blog, I do apologize for the confusion.

Thanks for pointing this out and it should be interesting indeed!

Mar 24, 2009 06:39 AM #2
Rainmaker
1,642,095
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker and Attorney Licensed in DC, MD, VA,

Justin- I am a Long and Foster/WC&AN Miller agent, and I think it is a very interesting appointment too. I am delighted that FHA is getting someone who knows the industry,, Hooray for what will hopefully turn out to be a good addition to the Executive Branch.

Mar 24, 2009 08:46 AM #3
Rainer
82,653
Justin Williams
Independent - Virginia Beach, VA
Loan Officer

@Lise - Yes even though Long & Foster is losing such a great addition, I am happy we still will have Mr. Stevens but on a different level :-)

Mar 25, 2009 01:48 AM #4
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Rainer
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Justin Williams

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