Carmen Mercado is the President of the National Association of Hispanic Real Estate Professionals. Prior to her election to chair she served in numerous leadership roles on the NAHREP national board and executive committee, including most recently as vice president. Her path to these executive roles began in 2004 as co-founder of the New York City NAHREP chapter.
Problems are opportunities to change what doesn’t work.
Our housing market is broken and despite what the critics now argue in favor of renting, the economy won’t recover until the housing market recovers and first-time homebuyers become a purchase force again.
With the recent turnover in leadership at the Federal Housing Finance Agency, we may be standing at the precipice of great change in the government’s role in supporting the mortgage market through Fannie Mae and Freddie Mac.