Builders Urge Congress to Maintain Ongoing Federal Role to Ensure a Healthy Mortgage Market

WASHINGTON, D.C. – May 26, 2011 – (RealEstateRama) — With some members of Congress actively pushing to abolish Fannie Mae and Freddie Mac and end the federal backstop for housing, the National Association of Home Builders (NAHB) told Congress today that maintaining an appropriate level of government support is absolutely essential to preserve financial stability.