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

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

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

PR: wait… I: wait… L: wait… LD: wait… I: wait… wait… Rank: wait… Traffic: wait… Price: wait… C: wait…

Related articles by Zemanta

• Fannie Mae loses money, wants more assistance- any end in sight? (agentgenius.com)
• Fannie Mae CEO Views Challenges as Housing Approaches a Bottom (businessweek.com)
• Fannie Mae seeks additional $8.4 billion in aid (seattletimes.nwsource.com)
• A Fannie Mae Political Reckoning (online.wsj.com)

Popularity: 1% [?]

• TMJ Symptoms Hurt Your Neck and Shoulders When you are dealing with TMJ symptoms you will notice that there is a certain amount of pain in your neck and shoulders. These are two areas that are affected by this painful disorder as well as other areas that you will face discomfort in. There are a lot of......
• Network Marketing Blogs - The Glue That Holds It Together Image by leighblackall via Flickr If there is one tool above all other tools that you need to use to create success in your network marketing business is a blog.  I know many people are intimidated by the very thought of having to start a blog.  The main reason......
• Six Things I Think (and Personal Finance Links) BensBargains Delivers me a great GPS deal - My mother wants a GPS for Christmas, so I went to look for a good deal on one. My first place is usually BensBargains, because you can click on just about any category and find a decent deal that hasn't expired.......
• Fannie Mae & Freddie Mac Collapse About 5 weeks ago I suggested that both Fannie Mae and Freddie Mac were going bankrupt and their shares were going to hit single digits in 12 months. Well it looks like the market believed that too and their shares were punished. Instead of having to wait a year, the......
• Getting Out of Debt Quickly pt 4 This is part 4 of a 4 part series on getting out of debt quickly. Make sure that you read all four parts in order to get the most out of this sequence of hints on getting yourself or your family out of the debt trap. If lenders happen to......