Realtors(R) Praise FHFA for Proposed Rule to Prohibit Private Transfer Fees

WASHINGTON, DC--(Marketwire - 02/03/11) - 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. NAR has long been vocal in its opposition to private ...

Read full post here. Yahoo! News

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