NAR Letters Urges FHFA Director, Reform with Caution

Home / Blog / NAR Letters Urges FHFA Director, Reform with Caution

Posted To: MND NewsWire

We can only guess at what the new director of the Federal Housing Finance Agency (FHFA) told members of the National Association of Realtors® (NAR) last month, but it certainly provoked a response. The Association sent a letter to Mark Calabria on Monday urging him basically not to make changes to the system for the sake of making them. The letter, signed by current NAR President John Smaby, thanked the director, who was sworn in on April 15, for "sharing your thoughts on your new role," apparently in a speech to the group in mid-May. However, it took issue with some potential reforms of the government sponsored enterprises (GSEs) Fannie Mae and Freddie Mac, primarily those that might prematurely shrink the GSE footprint . Smaby said the NAR believes FHFA must allow Freddie Mac and Fannie...(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.



Source: http://www.mortgagen...

9d239f53 fbaa 4815 ba67 1724bca9a5f9 c1d01057 a019 4cef bb87 a2c08bc20f89 0f29f089 fa73 4a87 90f3 590b2a88c902 bae4751d eef6 451c a163 88b588950aac f8c83ad9 44e1 4096 95ce f699fd219cb1 aca26de6 682e 4510 8c9b edf123c1cd21 ad24f88c 6b47 4869 8157 dd59ecade028 f6b9da43 6db5 4936 94ed 0639eb2933d2 deb18e66 722e 45fd ad43 e8183f5d6c7a fcda73c1 da93 4cb0 89c2 163cfda9e822 69de374d 6e8b 4b57 9500 8fa8ac241fb0 2950e371 9908 4df1 a469 e8637f67996b 20cb39e2 530e 40f5 b767 a750217f50b4 a62ea6f3 9de8 4876 8c8a bc911d852831 d9dc6445 4165 4c96 86e0 5e8fcc864171 7d9a7fbb 31cc 4580 9867 d52359e3ff86 cdf8cf03 4b40 49ed 9a31 4a4166e87bb0 993d812e 9da9 4028 afd8 c3d6782ada94 239b00c6 b284 4894 9b2b 745b869aa0bf 385c6286 7a3c 4089 be29 50c620e80ebc 892cc54f e26c 40dc b520 0c7eddb1e1cf 1a717a93 eab5 46a8 85ca 1e0fb4ec5ba8 3bf30a25 b23d 400a 9e86 0e9c7dfe55f3