NAR: About NAR: Voices of Real Estate: On a Positive Note, Posted by Dick

Last Sunday, I opened the outlook section of the Washington Post and read the article, “Where Credit’s Due: Villans in the Mortgage Mess.”

http://www.washingtonpost.com/wp-dyn/content/story/2008/05/30/ST2008053002739.html?sid=ST2008053002739

The article (accurately) points out that there is sufficient blame to go around for the mortgage crisis. That’s not new. Unfortunately, it fails to mention all of the great work many of us in the housing industry are doing to resolve the problem.

REALTORS have been working with the Center for Responsible Lending for several years now to help borrowers understand their mortgage options. We also have been pushing regulators to enforce responsible lending practices. And, we continue to work with Congress to pass legislation that would make housing more affordable through homeownership tax credits and increased conforming and FHA loan limits. These are solutions that will have a positive impact on our markets and on families who are struggling.

In all of our efforts to stabilize the market, we must be careful not to overreact and implement policies that make it impossible for good borrowers to obtain credit. It’s easy to find folks to blame, what we really need are solutions that protect consumers and strengthen the housing market. – Dick Gaylord, 2008 NAR President

Add a comment

(Comments on this blog are moderated and need to be approved by the site owner before appearing on the blog. Thanks for waiting.)

Name:

Email Address:

URL:

Remember personal info?

Comments: (you may use HTML tags for style)

About This Report

The Voices of Real Estate blog will keep REALTORS®, REALTOR® association executives, real estate brokers, and others informed about NAR’s priorities and activities.

As the nation’s largest trade association, representing its 1.3 million members, the National Association of REALTORS® is the collective force influencing and shaping the real estate industry, and is the leading advocate of the right to own, use, and transfer real property.

The President's Report is provided by the National Association of REALTORS® to provide visitors/members with relevant messages from the association's president.

NAR disclaims responsibility for any of the content or opinions expressed in the President's Report, including, but not limited to content or opinions regarding any products or service mentioned on the President's Report .

NAR disclaims liability for any damages or losses, direct or indirect, that may result from use of or reliance on information contained in the President's Report.

The President's Report contains links to other Web sites operated by third parties. These links are provided as a convenience to access the information contained therein. NAR has not reviewed all of the information on other sites and disclaims any responsibility for the content of any other sites or the products or services that may be offered on or through those sites. Inclusion of a link to another site does not indicated any endorsement or approval of the site or its content.

NAR reserves the right to edit, remove, or deny access to individuals or content that it determines to be unacceptable, including, but not limited to, any abusive, profane, rude, defamatory, or anonymous comments.

More >

Voices of Real Estate

National Association of REALTORS® President Dick Gaylord and the NAR Leadership Team, on what NAR is doing for you.

On a Positive Note, Posted by Dick

Add a comment

About This Report

Recent Posts

Categories

More NAR Blogs

Subscribe To This Blog