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  • Comment Detail

  • Date: 08/31/20
    First Name: Kenneth
    Last Name: Fears
    Organization: The National Associaiton of Realtors
    City: N/A
    State: N/A
    Attachment: View Attachment
    Number: RIN-2590-AA95

  • Comment

    On behalf of the 1.4 million members of the National Association of REALTORS® (NAR), I submit this letter in response to the notice of proposed rulemaking (proposed rule), Enterprise Regulatory Capital Framework (RIN-2590-AA95). NAR appreciates the efforts the FHFA has brought to this critical issue. In several areas this proposal makes strides in reducing cyclical risk and supporting underserved borrowers. However, in other areas the proposal would harm taxpayers, reduce competition, and hinder the Enterprises’ ability to carry out their critical congressionally-chartered mission to support a national mortgage market.

    NAR looks forward to working with the FHFA to reshape the Enterprises to continue their robust housing mission. If you have any questions, please contact Ken Fears, NAR’s Senior Policy Representative for Conventional Finance and Lending Policy, at 202.383.1066 or KFears@NAR.REALTOR.