Statement: Senate Confirmation of Julia Gordon as Federal Housing Commissioner
WASHINGTON — Lindsey Johnson, President of U.S. Mortgage Insurers (USMI), issued the following statement on the Senate’s confirmation of Julia Gordon to serve as Assistant Secretary for Housing, Federal Housing Commissioner, Department of Housing and Urban Development (HUD):
“USMI welcomes the confirmation of Julia Gordon to serve as Federal Housing Administration (FHA) Commissioner. In Commissioner Gordon, America gains an accomplished leader with broad experience in the housing finance system, who has specialized in supporting affordable homeownership and consumer protection policies for underserved markets. Her confirmation comes at a critical time as many homeowners, renters, and residents supported by the FHA continue to experience pandemic-related hardships and families face barriers to homeownership due to severely limited supply and record home price appreciation.
“The FHA is an important piece of the housing finance system that helps provide affordable housing opportunities to moderate- and low-income borrowers, and we are confident that Commissioner Gordon will be a strong steward of the agency’s government-backed mortgage lending program. USMI and our member companies look forward to working closely with Commissioner Gordon in seeking ways to establish a more complementary, collaborative, and consistent housing policy between the conventional and FHA markets that we serve.”
U.S. Mortgage Insurers (USMI) is dedicated to a housing finance system backed by private capital that enables access to housing finance for borrowers while protecting taxpayers. Mortgage insurance offers an effective way to make mortgage credit available to more people. USMI is ready to help build the future of homeownership. Learn more at www.usmi.org.