President-elect Obama has long been a supporter of FHA. In fact, he mentioned FHA loans during his first appearance in the national spotlight, his 2004 DNC Keynote address. And that was long before most Americans even knew (or remembered) what FHA was!

After the war, they studied on the G.I. Bill, bought a house through F.H.A., and later moved west all the way to Hawaii in search of opportunity.
-Barack Obama, July 27, 2004

Over at the Visionary Homebuilders of California blog, Carlos Ramirez has written a great post detailing Obama’s proposals for the FHA, the housing market in general, and ending predatory lending. I recommend checking it out!

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