Tagged : finance system

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It's been no secret that the today's struggling housing market is being further hampered by decreased access to financing, both for buyers and builders.

This is why the National Association of Home Builders (NAHB) has announced new framework for reforming the housing finance system.

"Our plan seeks to overhaul the housing finance system to ensure that housing credit is available and affordable in the future and is delivered through a competitive, efficient, sound, safe and stable system," said NAHB Chairman Barry Rutenberg, a home builder from Gainesville, Fla.

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