Realtors® Praise FHFA for Proposed Rule to Prohibit Private Transfer Fees

Washington, DC – February 4, 2011 – (RealEstateRama) — The National Association of Realtors® applauds the Federal Housing Finance Agency for moving ahead with a proposed rule to restrict government-sponsored enterprises Fannie Mae and Freddie Mac and the 12 Federal Home Loan Banks from investing in mortgages encumbered by private transfer fee covenants