Last week, Congress extended the current Transportation Bill until Friday, Dec. 4. It gives U.S. House-Senate Conference Committee members extra time to settle differences between the two bill versions. The House bill includes a REALTOR®-supported amendment removing Fannie Mae/Freddie Mac credit risk guarantee fees (G-Fees) as a funding mechanism. The Senate bill relies on increased […]
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Call for Action on G-Fees Continues
Encourage your members to join the 134,000 REALTORS®—more than 14 percent of NAR’s membership—who have asked their federal lawmakers to oppose the proposed use for transportation projects of guarantee fees (g-fees) charged by Freddie Mac and Fannie Mae. G-fees add to the cost of obtaining a mortgage, and NAR is […]
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