The National Association of Realtors (NAR) and 27 other industry groups are urging acting Federal Housing Finance Agency (FHFA) director Joseph Otting to prioritize Fannie Mae and Freddie Mac reforms that promote access and affordability in the mortgage market.
The groups stressed that any reform must seek to preserve what works in the current system while avoiding unintended adverse consequences for borrowers, lenders, investors or taxpayers.
Read on for details from the letter.
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