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Realtors® Urge Congress to Approach GSE Reform Slowly

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WASHINGTON (March 31, 2011) – The National Association of REALTORS® today urged Congress to move cautiously when reforming government-sponsored enterprises Fannie Mae and Freddie Mac.

Reforming America’s housing finance market can only be achieved through a forward-looking, comprehensive approach that supports the housing and economic recoveries, said NAR President Ron Phipps in testimony before the House Subcommittee on Capital Markets today.

“As the leading advocate for home ownership, NAR strongly agrees that the existing system failed and that reforms are… Read More

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