NAR Supports Bill to Reform Secondary Mortgage Market

NAR sent a letter to Congressmen John Carney (DE), John Delaney (MD), and Jim Himes (CT) thanking them for introducing the “Partnership to Strengthen Homeownership Act of 2014,” a comprehensive approach to reforming the secondary mortgage market. NAR appreciates their efforts in providing another legislative option that 1) Protects the affordable 30-year fixed rate mortgage; 2) Shields taxpayers from unnecessary bailouts, and 3) Ensures the availability of mortgage capital in all markets and under all economic conditions.

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