Garrett Unveils Proposal to Reform Secondary Mortgage Market

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WASHINGTON, DC – October 28, 2011 – (RealEstateRama) — Rep. Scott Garrett (R-NJ), Chairman of the Financial Services Subcommittee on Capital Markets and Government-Sponsored Enterprises, today unveiled his proposal to reform the secondary mortgage market to ensure robust private investment in the U.S. mortgage market without a government guarantee.

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