The politically powerful National Association of Home Builders (NAHB) has started the ball rolling on a new policy position regarding the future role and structure of the government sponsored housing enterprises.
Though the group's current policy statement was adopted only a year ago, leadership believes that it is now time to become more specific. "Change is coming," said Housing Finance Committee Chairman Earl Armiger, a Maryland apartment builder. "We need to be out front with detailed policies." A final document will go through an arduous vetting process culminating with a vote by the NAHB board at the group's convention in Las Vegas on Thursday.