Wednesday, October 22, 2008

NAR Presents Four-Point Stimulus Proposal

Mortgage News Headlines
10/22/2008  
...
  NAR Presents Four-Point Stimulus Proposal
  Wed, 22 Oct 2008 10:55:07 EST

The National Association of Realtors? (NAR) stayed right on message as it proposed a four-point plan for Congress to enact to resuscitate the housing market and including yet another plea to keep banks out of the real estate business.

The plan, revealed in a statement made late last week and in the NAR President's Podcast released on October 21, calls for a special "lame-duck" session of Congress and asks that it consider the following, what it calls "consumer-driven" provisions to boost the economy and soothe the nerves of jittery homebuyers...


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