I just received my talking points from the president of my local association. The email was about the takeover of Fannie Mae and Freddie Mac.
1. The NAR fully supports the action of the Treasury.
2.Interests rates will drop because of the action
3.The new president and congress will be responsible for the reorganization and the NAR is already working on a plan to help shape the process.
4. The action makes clear that the government will not let the financial conditons of the GSE's disrupt the flow of capital to the housing sector.
What do you guys think?