NAR Coalition Support letter for S 2038 The Jumpstart GSE Reform Act
Issue Date: November 23, 2015
US S 2038 - The Jumpstart GSE Reform Act
NAR Coalition letter to Speaker Ryan, Leader Pelosi, Leader McConnell, and Leader Reid.
The letter express strong support for the inclusion of S. 2038, the Jumpstart GSE Reform Act, in any final omnibus appropriations measure. This legislation would prohibit the sale of Treasury-owned senior preferred shares in government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac without congressional approval, and also prohibit any increase in GSE guarantee fees (g-fees) from offsetting other government spending.