The National Association of Realtors (NAR) recently sent a letter to Federal Housing Finance Agency Director Mark Calabria reiterating some of its priorities about potential government sponsored enterprise reforms.
NAR President John Smaby urged Calabria not to dilute Freddie Mac’s and Fannie Mae’s mission of supporting liquidity and broad access – or risk affecting middle-income homebuyers and underserved markets in the post-subprime crisis.
Read on for more details from Smaby’s letter.
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