To counter a growing narrative that the Federal government has expanded its exposure to risky mortgages, NAR recently published an op-ed with the Mortgage Bankers Association, the American Bankers Association, and the National Home Builders Association in the American Banker to set the record straight. The op-ed describes how comprehensive characteristics, along with new laws passed in the wake of the crisis, have ensured a greater focus on sustainable mortgage lending. The article also detailed how rates of serious delinquency and foreclosure remain at or near-historic lows across both GSE and FHA mortgages.

The full Op-Ed can be found at https://www.americanbanker.com/opinion/lets-get-housing-reform-right-this-time.

NAR continues to work with industry stakeholders, Congress, and the Administration on secondary market reforms that protect and preserve credit access for all credit worthy Americans. Stay tuned to www.nar.realtor/gses for the latest.

Notice: The information on this page may not be current. The archive is a collection of content previously published on one or more NAR web properties. Archive pages are not updated and may no longer be accurate. Users must independently verify the accuracy and currency of the information found here. The National Association of REALTORS® disclaims all liability for any loss or injury resulting from the use of the information or data found on this page.
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