C.A.R.’s statement on President Obama’s housing speech

By CAR -

August 7, 2013

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LOS ANGELES, CA – August 7, 2013 – (RealEstateRama) — The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) today issued the following statement in response to President Obama’s speech on housing in Phoenix today:<span id="more-2635"></span></p> <p>“C.A.R. commends the Obama administration for addressing mortgage finance reform and recognizing that the government needs to have a role in the proposed mortgage finance system,” said C.A.R. President Don Faught.</p> <p>“While C.A.R. is encouraged to see private capital begin to return to the housing market and hopes that trend continues, we believe that the government must play a role in a healthy mortgage market to ensure the continued availability of safe and affordable mortgages in all market conditions.”</p> <p>A government role in the housing market makes homeownership affordable, allowing borrowers to obtain fixed-rate loans with longer repayment terms. Without it, the 30-year, fixed-rate mortgage would no longer be available to the majority of homebuyers. </p> <p>Leading the way…® in California real estate for more than 100 years, the CALIFORNIA ASSOCIATION OF REALTORS® (www.car.org) is one of the largest state trade organizations in the United States with 155,000 members dedicated to the advancement of professionalism in real estate. C.A.R. is headquartered in Los Angeles<br />+</p>  <script async src="//pagead2.googlesyndication.com/pagead/js/adsbygoogle.js"></script><div class="td-g-rec td-g-rec-id-content_bottom"> <script type="text/javascript"> var td_screen_width = document.body.clientWidth; if ( td_screen_width >= 1024 ) { /* large monitors */ document.write('<ins class="adsbygoogle" style="display:inline-block;width:468px;height:60px" data-ad-client="ca-pub-4765318478912403" data-ad-slot="5509231618"></ins>'); (adsbygoogle = window.adsbygoogle || []).push({}); } if ( td_screen_width >= 768 && td_screen_width < 1024 ) { /* portrait tablets */ document.write('<ins class="adsbygoogle" style="display:inline-block;width:468px;height:60px" data-ad-client="ca-pub-4765318478912403" data-ad-slot="5509231618"></ins>'); (adsbygoogle = window.adsbygoogle || []).push({}); } if ( td_screen_width < 768 ) { /* Phones */ document.write('<ins class="adsbygoogle" style="display:inline-block;width:300px;height:250px" data-ad-client="ca-pub-4765318478912403" data-ad-slot="5509231618"></ins>'); (adsbygoogle = window.adsbygoogle || []).push({}); } </script> </div>  </div></div> <footer> <div class="td-post-source-tags td-pb-padding-side"> </div> <div class="td-post-sharing td-post-sharing-bottom td-pb-padding-side"><span class="td-post-share-title">SHARE</span> <div class="td-default-sharing td-with-like"> <a class="td-social-sharing-buttons td-social-facebook" href="http://www.facebook.com/sharer.php?u=https%3A%2F%2Fcalifornia.realestaterama.com%2Fc-a-r-%25e2%2580%2599s-statement-on-president-obama%25e2%2580%2599s-housing-speech-ID02635.html" onclick="window.open(this.href, 'mywin','left=50,top=50,width=600,height=350,toolbar=0'); return false;"><div class="td-sp td-sp-facebook"></div><div class="td-social-but-text">Facebook</div></a> <a class="td-social-sharing-buttons td-social-twitter" href="https://twitter.com/intent/tweet?text=C.A.R.%E2%80%99s+statement+on+President+Obama%E2%80%99s+housing+speech&url=https%3A%2F%2Fcalifornia.realestaterama.com%2Fc-a-r-%25e2%2580%2599s-statement-on-president-obama%25e2%2580%2599s-housing-speech-ID02635.html&via=California+RealEstateRama"><div class="td-sp td-sp-twitter"></div><div class="td-social-but-text">Twitter</div></a> <a class="td-social-sharing-buttons td-social-google" href="http://plus.google.com/share?url=https://california.realestaterama.com/c-a-r-%e2%80%99s-statement-on-president-obama%e2%80%99s-housing-speech-ID02635.html" onclick="window.open(this.href, 'mywin','left=50,top=50,width=600,height=350,toolbar=0'); return false;"><div class="td-sp td-sp-googleplus"></div></a> <a class="td-social-sharing-buttons td-social-pinterest" href="http://pinterest.com/pin/create/button/?url=https://california.realestaterama.com/c-a-r-%e2%80%99s-statement-on-president-obama%e2%80%99s-housing-speech-ID02635.html&media=" onclick="window.open(this.href, 'mywin','left=50,top=50,width=600,height=350,toolbar=0'); return false;"><div class="td-sp td-sp-pinterest"></div></a> </div><div class="td-classic-sharing"><ul><li class="td-classic-facebook"><iframe frameBorder="0" src="https://www.facebook.com/plugins/like.php?href=https://california.realestaterama.com/c-a-r-%e2%80%99s-statement-on-president-obama%e2%80%99s-housing-speech-ID02635.html&layout=button_count&show_faces=false&width=105&action=like&colorscheme=light&height=21" style="border:none; overflow:hidden; width:105px; height:21px; background-color:transparent;"></iframe></li><li class="td-classic-twitter"><a href="https://twitter.com/share" class="twitter-share-button" data-url="https://california.realestaterama.com/c-a-r-%e2%80%99s-statement-on-president-obama%e2%80%99s-housing-speech-ID02635.html" data-text="C.A.R.’s statement on President Obama’s housing speech" data-via="" data-lang="en">tweet</a> <script>!function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0];if(!d.getElementById(id)){js=d.createElement(s);js.id=id;js.src="//platform.twitter.com/widgets.js";fjs.parentNode.insertBefore(js,fjs);}}(document,"script","twitter-wjs");</script></li></ul></div></div> <div class="author-box-wrap"><a href="https://california.realestaterama.com/author/car"><img src="https://california.realestaterama.com/files/2016/09/CAR-1.jpg" width="96" height="96" alt="CAR" class="avatar avatar-96 wp-user-avatar wp-user-avatar-96 alignnone photo" /></a><div class="desc"><div class="td-author-name vcard author"><span class="fn"><a href="https://california.realestaterama.com/author/car">CAR</a></span></div><div class="td-author-url"><a href="http://www.car.org/">http://www.car.org/</a></div><div class="td-author-description"><p>Leading the way...® in California real estate for more than 100 years, the <strong>CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.)</strong> is one of the largest state trade organizations in the United States, with nearly 155,000 members dedicated to the advancement of professionalism in real estate. C.A.R. is headquartered in Los Angeles. </p> <p>Contact:</p> <p>Los Angeles - Executive Office:<br /> 525 South Virgil Avenue<br /> Los Angeles, CA 90020-1403<br /> Phone: (213) 739-8200<br /> Fax: (213) 480-7724</p> <p>Media: </p> <p>Mark Giberson<br /> Phone: (213) 739-8304.</p> </div><div class="td-author-social"></div><div class="clearfix"></div></div></div> <span style="display: none;" itemprop="author" itemscope itemtype="https://schema.org/Person"><meta itemprop="name" content="CAR"></span><meta itemprop="datePublished" content="2013-08-07T07:00:50+00:00"><meta itemprop="dateModified" content="2016-03-10T11:23:16-07:00"><meta itemscope itemprop="mainEntityOfPage" itemType="https://schema.org/WebPage" itemid="https://california.realestaterama.com/c-a-r-%e2%80%99s-statement-on-president-obama%e2%80%99s-housing-speech-ID02635.html"/><span style="display: none;" itemprop="publisher" itemscope itemtype="https://schema.org/Organization"><span style="display: none;" itemprop="logo" itemscope itemtype="https://schema.org/ImageObject"><meta itemprop="url" content="https://alabama.realestaterama.com/logo_rer-272-90.png"></span><meta itemprop="name" content="California RealEstateRama"></span><meta itemprop="headline " content="C.A.R.’s statement on President Obama’s housing speech"><span style="display: none;" itemprop="image" itemscope itemtype="https://schema.org/ImageObject"><meta itemprop="url" content="https://california.realestaterama.com/wp-content/themes/Newsmag/images/no-thumb/td_meta_replacement.png"><meta itemprop="width" content="1068"><meta itemprop="height" content="580"></span> </footer> </article>  <script>var block_td_uid_1_672995bda8142 = new tdBlock(); 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Napolitano (D-El Monte), issued the following statement after the Trump administration announced a new proposal—claiming it to be pro-industry—which would weaken federal clean water rules, putting at risk the health and safety of millions of Americans </div> </div> </div>  <div class="td-block-span12"> <div class="td_module_6 td_module_wrap td-animation-stack td_module_no_thumb"> <div class="item-details"> <h3 class="entry-title td-module-title"><a href="https://california.realestaterama.com/flood-protection-and-water-storage-ID09937.html" rel="bookmark" title="Flood Protection and Water Storage">Flood Protection and Water Storage</a></h3> <div class="meta-info"> <div class="td-post-author-name"> <span>- </span> <a href="https://california.realestaterama.com/author/realestaterama-2">RealEstateRama</a> <span>- </span> </div> <div class="td-post-date"><time class="entry-date updated td-module-date" datetime="2019-07-04T03:31:39+00:00" >July 4, 2019</time></div> </div> </div> </div> </div>  <div class="td-block-span12"> <div class="td_module_6 td_module_wrap td-animation-stack td_module_no_thumb"> <div class="item-details"> <h3 class="entry-title td-module-title"><a href="https://california.realestaterama.com/senators-include-legal-protections-for-military-families-in-privatized-housing-in-defense-bill-ID09930.html" rel="bookmark" title="Senators: Include Legal Protections for Military Families in Privatized Housing in Defense Bill">Senators: Include Legal Protections for Military Families in Privatized Housing in...</a></h3> <div class="meta-info"> <div class="td-post-author-name"> <span>- </span> <a href="https://california.realestaterama.com/author/realestaterama-2">RealEstateRama</a> <span>- </span> </div> <div class="td-post-date"><time class="entry-date updated td-module-date" datetime="2019-04-01T10:24:14+00:00" >April 1, 2019</time></div> </div> </div> </div> </div>  <div class="td-block-span12"> <div class="td_module_6 td_module_wrap td-animation-stack td_module_no_thumb"> <div class="item-details"> <h3 class="entry-title td-module-title"><a href="https://california.realestaterama.com/mccarthy-introduces-legislation-to-repurpose-high-speed-rail-funding-to-water-infrastructure-projects-ID09929.html" rel="bookmark" title="McCarthy Introduces Legislation to Repurpose High-Speed Rail Funding to Water Infrastructure Projects">McCarthy Introduces Legislation to Repurpose High-Speed Rail Funding to Water Infrastructure...</a></h3> <div class="meta-info"> <div class="td-post-author-name"> <span>- </span> <a href="https://california.realestaterama.com/author/congressman-kevin-mccarthy">Congressman Kevin McCarthy</a> <span>- </span> </div> <div class="td-post-date"><time class="entry-date updated td-module-date" datetime="2019-04-01T10:20:36+00:00" >April 1, 2019</time></div> </div> </div> </div> </div> </div></div> <aside class="widget widget_archive"><div class="block-title"><span>Government & Nonprofit Press Release Archive</span></div> 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