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Stop Congress from taking money from homeowners

ORLANDO, Fla. – Oct. 27, 2015 – Every Realtor® in Florida can take action now to help protect Florida homeowners from having housing funds hijacked by Congress to repair potholes or other transportation issues.
Make your voice heard: Respond to the National Association of Realtors®’ (NAR) ongoing Call for Action. Tell lawmakers you strongly oppose a proposal to use Fannie Mae and Freddie Mac’s credit risk guarantee fees (g-fees) to pay for roads and transportation.
Florida Realtors stands more than 140,000 members strong – Realtors who can make a difference by protecting future homeowners now. However, you have to take action to be counted – currently only 5.5 percent of Florida Realtors’ members have responded to the National Association of Realtors’ (NAR) Call for Action, ranking Florida near the bottom in national response rates. State Realtor associations at the top of the participation rankings (20 percent or higher) include South Dakota, Arkansas, Minnesota and Utah.
“It’s crucial that all Florida Realtors respond to NAR’s Calls for Action,” says Carrie O’Rourke, vice president of public policy. “No other industry speaks with one voice on behalf of homeowners across the country. At a time when many housing markets are beginning to rebound, we need to protect the programs that allow the average citizen an opportunity to achieve the dream of homeownership. Raiding these funds will have serious ramifications on low-w and moderate-income borrowers and first time homebuyers.”
Don’t let Congress tax homeownership to pay for roads: Money generated by housing should pay for housing. Don’t let Congress saddle future homeowners with an unnecessary long-term burden caused by extending this g-fee to fund transportation projects.
Show that Realtors in Florida care about protecting homeowners and make your voice heard through NAR’s Call for Action.
© 2015 Florida Realtors®  
Source: Florida Realtors Feed

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