The National Association of REALTORS® Reveals Its New Vision For GSE Reform
Highlights of the plan include:
» Leveraging reforms and innovations implemented since the crisis while completing the process with instrumental updates for a fully functioning liquid market.
» Promoting competition in the secondary market through proven structures to correct market failures.
» Preserving the 30-year fixed rate mortgage and focusing the mission on liquid secondary markets for Middle America and underserved borrowers.
» Minimizing the cost to consumers in normal and stress periods while maximizing access for creditworthy borrowers.
» Maintaining simplicity in the transition while avoiding market disruptions.