Reforming the secondary mortgage market is essential to ensuring a reliable source of mortgage lending for consumers in all types of markets and is integral to the nation’s economic and housing recovery, a representative of the National Association of REALTORS® said in testimony yesterday.
NAR’s 2012 Director of REALTOR® Party Activities Tom Salomone spoke before the House Financial Services Subcommittee on Capital Markets and Government-Sponsored Enterprises regarding proposed legislation by Rep. Scott Garrett (R-N.J.) to bring private capital back into the secondary mortgage market...
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NAR Urges Reform of Mortgage Finance System
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