NAR Statement On FHA Decision to Remove Red Tape and Promote Homeownership

WASHINGTON (June 26, 2026) - Today, Shannon McGahn, executive vice president and chief advocacy officer of the National Association of Realtors®, issued the following statement after the Department of Housing and Urban Development announced several policy changes to its Federal Housing Administration (FHA) Single Family mortgage insurance program with the intention to lower costs, reduce regulatory burdens, and improve affordability.

"The National Association of Realtors® welcomes the Federal Housing Administration's recent policy updates to modernize and streamline the mortgage lending process. These changes are an important step toward creating a more efficient regulatory framework that better serves both borrowers and lenders.

NAR strongly supports policies that responsibly expand access to credit for qualified homebuyers while reducing unnecessary regulatory burdens that can delay transactions and increase costs. By improving the efficiency of the lending process, these updates can help strengthen housing affordability and create greater opportunities for Americans to achieve homeownership."

Click here to view HUD's press release. Click here to view the most recent Washington Report on the changes.

About the National Association of Realtors®

The National Association of Realtors® is involved in all aspects of residential and commercial real estate. The term Realtor® is a registered collective membership mark that identifies a real estate professional who is a member of the National Association of Realtors® and subscribes to its strict Code of Ethics. For free consumer guides about navigating the homebuying and selling transaction processes - from written buyer agreements to negotiating compensation - visit facts.realtor.

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