A former National Association of Realtors (NAR) economist has been nominated to head the Federal Housing Finance Agency (FHFA) by President Donald Trump.
Mark Calabria currently serves as the chief economist for Vice President Mike Pence. If confirmed by the Senate, Calabria will succeed current FHFA Director Mel Watt, who has led the agency since 2014.
Read on for reaction from NAR President John Smaby.
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