MR. KLASSEN GOES TO WASHINGTON ………
TX Real Estate Center Research Analyst Gerald Klassen has been toiling away on a proposal that would restructure the secondary mortgage market. He left September 14 to present his proposal
in Washinton D.C. to leaders from the National Association of Realtors (NAR). NAR has formed an
internal Presidential Advisory Group to examine alternative market structures to ensure there is
sufficient capital to support lending in all types of markets for qualified borrowers. In June, NAR
as housing & finance experts for their imput & Klassen’s proposal is from the A&M Real Estate Center.
Categories: Uncategorized