NAR Letter to House Financial Services Committee and House Leadership Regarding Racial Equity Package
Issue Date: June 15, 2022
On June 15 NAR sent a letter to Speaker Pelosi, Republican Leader McCarthy Chairwoman Waters, and Ranking Member McHenry. The letter expresses NAR's support for important provisions of Title III of the Financial Services Racial Equity, Inclusion, and Economic Justice Act.
REALTORS® believe that homeownership – and the mortgage credit foundation it rests upon – is the bedrock of the American Dream. NAR supports access to credit in all markets and at all times. Broad access to homeownership depends upon an open housing market that is free from discrimination. We support the strong and fair enforcement of the fair lending provisions of the Fair Housing Act and the Equal Credit Opportunity Act, which prohibit discrimination in consumers’ access to credit on prohibited bases.