WASHINGTON (May 25, 2011) – The National Association of Realtors® supports a secondary mortgage market model with some level of government participation that would protect taxpayers and ensure that creditworthy consumers have access to affordable mortgage capital in all markets at all times.

That is the message delivered today by NAR President Ron Phipps, broker-president of Phipps Realty in Warwick, R.I, during a Senate Banking, Housing and Urban Affairs Committee hearing.

“As the leading advocate for home ownership, Realtors® agree that the existing… Read More