Statement from NAHB Chairman Randy Noel on Nomination of Mark Calabria as New FHFA Director
WASHINGTON, Dec. 12- Randy Noel, chairman of the National Association of Home Builders (NAHB) and a custom home builder from LaPlace, La., issued the following statement on Mark Calabria being nominated as the new director of the Federal Housing Finance Agency (FHFA):
"NAHB congratulates Mark Calabria on his nomination as the new director of the Federal Housing Finance Agency. Mark's extensive experience with housing finance issues provides an outstanding background for this opportunity. We look forward to working with him to ensure the nation's housing finance system retains the appropriate degree of federal support to provide consistent affordable mortgage credit for home buyers and liquidity and stability for homeownership and rental housing."
ABOUT NAHB: The National Association of Home Builders is a Washington-based trade association representing more than 140,000 members involved in home building, remodeling, multifamily construction, property management, subcontracting, design, housing finance, building product manufacturing and other aspects of residential and light commercial construction. NAHB is affiliated with 700 state and local home builders associations around the country. NAHB's builder members will construct about 80 percent of the new housing units projected for this year.