Home Builders: Effective Housing Finance System Critical to a Sound Economy

WASHINGTON, D.C. – March 31, 2011 – (RealEstateRama) — As Congress and the Administration debate potential reforms of the housing finance companies Fannie Mae and Freddie Mac, the National Association of Home Builders (NAHB) today called on Congress to develop a workable housing finance system before it moves forward with policies that would further destabilize the struggling housing market.”A finance system that provides liquidity for the housing sector in all geographic markets throughout the economic cycle is a prerequisite to achieving housing policy objectives,” NAHB Chairman Bob Nielsen, a home builder from Reno, Nev., told members of the House Financial Services Subcommittee on Capital Markets and Government Sponsored Enterprises.


More info...

SHARE
Avatar
NAHB (National Association of Home Builders) is a trade association that helps promote the policies that make housing a national priority. Since 1942, NAHB has been serving its members, the housing industry, and the public at large. Contact: Ann Marie Moriarty 202-266-8350
Previous article9th Annual Casden Southern California Multifamily Market Forecast: Opportunities Abound—Know Where to Find Them
Next articleDeLauro Announces $123,914 in Housing Grants for Derby and New Haven