Reform Freddie Mac, Fannie Mae, Says National Assoication of Realtors

Freddie Mac and Fannie Mae need reform according to NAR but not too much. Are the realtors right?

Freddie Mac and Fannie Mae need reform but not too much dramatic change, according to the National Association of Realtors.

Federal Home Loan Mortgage Corporation (Freddi...
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The realtors are pushing passage of H.R. 2483 and H.R. 5072.  These bills will still allow access to safe financing for borrowers who qualify and would make the current FHA loan limits permanent.

NAR is in direct opposition to Sen John McCain’s amendment to shut down Fannie Mae  and Freddie Mac.

So who’s right?  Isn’t Fannie and Freddie the couple who caused a lot of this housing downturn or have they just been demonized for little reason?

What  do you think?

Realtors Ask Washington for Fannie and Freddie Reform

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