To insure that there is sufficient capital to support mortgage lending to qualified borrowers, the National Association of Realtors® has adopted principles that recommend continued government involvement in the secondary mortgage market. ...
“NAR believes that the federal government must continue to play a role in the mortgage markets to insure the continued flow of capital.”
Tuesday, November 18, 2008
Realtors want government to subsidize mortgages
The National Association of Realtors opposes any re-privatization of Fannie Mae and Freddie Mac. Instead, they effectively want Uncle Sam to continue its current subsidization of the housing market.
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the term "qualified borrower" should itself be qualified whenever it's used by NAR, NAHB, et al.
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