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Realtors(R) Applaud Confirmation of Watt as FHFA Director

WASHINGTON, DC -- (Marketwired) -- 12/10/13 -- The following is a statement by National Association of Realtors® President Steve Brown:

"NAR commends the U.S. Senate today for approving the nomination of Rep. Melvin Watt for the position of Federal Housing Finance Agency director.

"During his two-decade tenure in Congress, Watt served on the U.S. House Financial Services Committee and was an outspoken advocate for homeownership. His leadership on the Subcommittee on Housing and Community Opportunity and the Subcommittee on Capital Markets, Insurance and Government-Sponsored Enterprises helped promote and protect safe, affordable access to homeownership for creditworthy buyers.

"NAR looks forward to continuing our work with Rep. Watt as he transitions into his new role as FHFA director."

The National Association of Realtors®, "The Voice for Real Estate," is America's largest trade association, representing 1 million members involved in all aspects of the residential and commercial real estate industries.

Information about NAR is available at www.realtor.org. This and other news releases are posted in the "News, Blogs and Videos" tab on the website.

For further information contact:
Jenny Werwa
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