March 15, 2011 / 5:09 PM / 8 years ago

Obama housing aide to be mortgage banking lobbyist

WASHINGTON, March 15 (Reuters) - A key advisor on housing policy to President Barack Obama has accepted an offer to head the Mortgage Bankers Association.

“Yes, it’s true,” Federal Housing Administration Commissioner David Stevens said on Tuesday in a brief telephone conversation when asked if he was going to run the trade association.

Stevens announced his resignation from the Obama administration last week but said at the time he was “not sure” where he would next land. (Reporting by Corbett B. Daly; Editing by James Dalgleish)

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