Saturday, September 6, 2008

C.A.R. creates informative Fannie Mae and Freddie Mac video for consumers

In response to numerous misleading and unbalanced news reports about Fannie Mae and Freddie Mac, C.A.R. created a new video to educate consumers about the importance of Fannie Mae and Freddie Mac, and how the Government Sponsored Enterprises operate in the market. The video, which features C.A.R.’s Executive Vice President Joel Singer, explains the crucial countercyclical role the GSEs serve, and the likely consequences should they be nationalized or eliminated.

The video is available on C.A.R.’s Web site or on YouTube at http://www.youtube.com/v/6LDnKk-ZSiA. C.A.R. also encourages REALTORS® to post the video on their Web sites and use it in other communication vehicles.

To view the consumer video, please click here:
http://www.car.org/newsstand/video-js-gse

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