Watt Hasn't Increased Taxpayer Risk

Published in the Wall Street Journal

Any increase in guarantee fees would mean overcharging qualified, responsible home buyers to compensate for a lack of trust on the part of the mortgage-investor community who are still squeamish about entering the market. Realtors support efforts to bridge the trust gap, but not by tacking additional fees onto safe mortgages. Government should continue to support responsible, sustainable homeownership in America because it strengthens the economic and social fabric of our communities.

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