NAR Support Letter to Full House Regarding, HR 916 - Risk Management and Homeowner Stability Act

Issue Date: April 04, 2017


US HR 0916 - the Risk Management and Homeowner Stability Act

On April 4, 2017, NAR sent a letter to the full house requesting they body's support for H.R. 916, the “Risk Management and Homeowner Stability Act,” introduced by Representatives Sanford (R-SC) and Sherman (D-CA). The legislation would amend the Congressional Budget and Impoundment Control Act of 1974 to prohibit the use of Fannie Mae and Freddie Mac’s guarantee fees (g-fees) to pay for government spending.