It is time to focus on what happens on the Big Hill regarding the Dream of Home Ownership. Without security backed loans, recycling money would be a lot harder and would seriously affect the economic element in the U.S. that is a result of home buying/selling, which relies on affordability and availability of mortgage funds...homes are not really sold in America, they are financed.

Here below"? is the well-needed reminder-push from NAR on this topic."? Get involved in reading, asking and responding to The Federal Housing Finance Reform Act of 2007, H.R. 1427.

"Fannie Mae and Freddie Mac play a critical stabilizing role in our nation's housing finance system - a key component in maintaining a healthy housing market."? The Federal Housing Finance Reform Act of 2007, H.R. 1427, will ensure that Fannie Mae and Freddie Mac have a continued role in creating and expanding homeownership opportunities for America's hardworking families.

H.R. 1427 focuses on several important reforms designed to keep financing options open for all segments of the market:
1. Focuses on safety and soundness regulation
2. Maintains the ability of Fannie Mae and Freddie Mac to accomplish their important housing mission
3. H.R. 1427 does not impose statutory limitations on Fannie Mae and Freddie Mac mortgage portfolios
4. Creates a provision to allow for regional adjustments to conforming loan limits in high-cost areas, these adjustments will help working families of veterans, teachers, nurses, and police officers qualify for conforming GSE loans.