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Home builders announce housing finance system reform plan

from NAHB

The National Association of Home Builders (NAHB) has announced a new comprehensive framework for housing finance system reform that would transition Fannie Mae and Freddie Mac to a new mortgage securitization system for single-family and multifamily conventional mortgages. "Our plan seeks to overhaul the housing finance system to ensure that housing credit is available and affordable in the future and is delivered through a competitive, efficient, sound, safe and stable system," said NAHB Chairman Barry Rutenberg, a home builder from Gainesville, Fla. more


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