On October 28, 2014, NAR submitted comments to FHFA expressing support of ambitious, but reasonable, affordable housing goals and flexibility for the Enterprises to meet those goals.Additionally, NAR expressed support of a dual test wherein a GSE is considered to be in compliance if its performance meets or exceeds either (1) the share of the actual market that qualifies for the particular goal, or (2) the benchmark level for that goal.
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Comments to FHFA Regarding the Agency's Proposed Rule to Establish 2015-2017 Housing Goals for the GSE's
Issue Date: October 23, 2014
On October 28, 2014, NAR submitted comments to FHFA expressing support of ambitious, but reasonable, affordable housing goals and flexibility for the Enterprises to meet those goals.Additionally, NAR expressed support of a dual test wherein a GSE is considered to be in compliance if its performance meets or exceeds either (1) the share of the actual market that qualifies for the particular goal, or (2) the benchmark level for that goal.
Download Letter Here