Resolved that the NAHB urge the Administration and Congress to maintain the Government National Mortgage Association guarantee fee at the current level, and that any future proposals to alter the guaranty fee be promulgated in accordance with accepted administrative rulemaking procedures,
Resolution originally adopted:
Further resolved that NAHB urge Congress to eliminate the credit ceiling for the GNMA guarantee commitment program, and
Further resolved that GNMA review its policy of providing guarantees on securities for mobile home loans in light of recent losses.
1987/1 No. 28
Committee with primary jurisdiction:
- Housing Finance Committee
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