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Builders Urge Speed-Up In GI-FHA Approisqls

New York--Home building industry leaclers at their annual fa1l conference here October 8-14 urged the immecliate hiring of additional government hottsing personnel to help clear up the existing backlog of applications from 'ivould-be home buyers who are seeking GI or FHA-insured mortgage loans. The builders warned that fast action rs needed to break a log-jam in the governmerit housing agencies which is preventing many thousands of families from ,rbtaining homes.

In quick response to the builders' recontmendations, Albert M. Cole, administrator of the Housing and }Iome Finance Agency, announced to the meeting that clearance has been received for the hiring of about 300 additional FHA employes to work on the backlog of mortgage insurance applications.

The conference, presided over by NAHB's President R. G. "Dick" Hughes of Pampa, Texas, covered the entire range of operations in the home building industry, vrhich is now in the final quarter of the second biggest year in its history. The home builders put particular em2hasis on the need for more help in VA and FHA field r;ffrces.

The building industry leaders endorsed the 1954 llousrng Act as "the most comprehensive and orogressive housing legislation of th6 past 20 years," but they urged strongiy that some of its more restrictive provisions-notably those dealing u,'ith guarantees-be modified in the interests of both home buyers and the industrv.

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