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RESPRO® Signs 'Open Letter' to Administration, Congress on GSE Reform

Thursday, September 6, 2018   (0 Comments)
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RESPRO® Signs 'Open Letter' to Administration, Congress on GSE Reform

 

RESPRO® joins 29 other trade associations representing the real estate finance industry in signing an open letter to the Trump Administration and Congress, urging them to step up efforts to reform the secondary housing market. The letter spearheaded by the Mortgage Bankers Association comes on the 10th anniversary of the federal government's takeover of Fannie Mae and Freddie Mac; the government-sponsored enterprises were placed in conservatorship on Sept. 6, 2008 and have remained under the supervision of the Federal Housing Finance Agency since, despite assurances by officials from three Administrations that a solution was forthcoming.

CLICK HERE to read the letter.



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