WASHINGTON (January 8, 2014) – The following is a statement by National Association of Realtors® President Steve Brown:

“Realtors® applaud the decision by Federal Housing Finance Agency Director Mel Watt to delay increases in guarantee fees on loans purchased by Fannie Mae and Freddie Mac. In a September 2013 letter, NAR called on FHFA to refrain from changing its fee structure until completing an analysis to determine the effectiveness of its fee pricing policy at bringing private… Read More