Comment Detail
Date: 03/11/22 First Name: Ken Last Name: Fears Email: kfears@nar.realtor Organization Type: other Organization: The National Association of Realtors Comment
On behalf of the 1.5 million members of the National Association of REALTORS® (NAR), I submit this letter in response to the request for input (RFI), Draft 2022-2026 Strategic Plan. NAR appreciates the efforts by the Federal Housing Finance Agency (FHFA) to finalize the 2022 Enterprise Capital Plan, expand information sharing, improve stability, and continue supporting the charter duties. NAR also appreciates the FHFA’s long-term plan to bring historically underserved groups into homeownership through innovative equity solutions. However, there is more that the FHFA can do to shore up the ability of the Enterprises to support their charter duties over the long-term. The homeownership gap is a result of more than a century of problematic practices and will take years of refinement, application, and tenacity to resolve, which the FHFA recognizes with this latest strategic plan.