Earlier this week, the President outlined new plans for reforms of the financial system. It’s been called the biggest set of reforms since the Great Depression. What remains to be seen is how these reforms will actually work.

The National Association of Realtors is pleased with the outline. NAR President Charles McMullen provided a statement on June 17.

“NAR and our 1.2 million members commend President Obama for developing a comprehensive financial regulatory reform framework. As we have repeatedly noted, it is important to have strong supervision and regulation of the nation

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