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Michael Heid

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  • Government and Housing Finance Market
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    Government and Housing Finance Market

    Panelists assessed the role of the federal government in the housing finance market. They discussed various recommendations for the next steps five years after Fannie Mae and Freddie Mac were placed in conservatorship.…

    234 views
  • Future of Home Mortgage Finance
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    Future of Home Mortgage Finance

    Witnesses spoke about replacing government-backed mortgage holding companies Fannie Mae and Freddie Mac with private companies that would receive minimal government support. Among the…

    344 views
  • Role of Government in Housing Finance
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    Role of Government in Housing Finance

    The Departments of the Treasury and Housing and Urban Development co-sponsored a conference on the future of housing finance in anticipation of a comprehensive proposal for new regulations to…

    963 views
  • Foreclosure Prevention
    Last Aired

    Foreclosure Prevention

    Loan service executives testified on foreclosure prevention efforts, focusing on the implementation of the Home Affordable Modification Program (HAMP).

    857 views
  • Foreclosure Mitigation
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    Foreclosure Mitigation

    Bank executives testified about second liens and other barriers to principal reduction as an effective foreclosure mitigation program. Among the issues addressed were the effectiveness of…

    718 views
  • Mortgage Loans
    Last Aired

    Mortgage Loans

    The Federal Housing Finance Agency, which took control of mortgage finance companies Fannie Mae and Freddie Mac in September 2008, announced new plans to streamline the process of modifying…

    116 views
  • Mortgage Proposal Reaction
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    Mortgage Proposal Reaction

    Treasury Secretary Henry Paulson talked about the subprime mortgage crisis. He talked about the governmental interests in the development of a market-based solution. He said that mortgage…

    126 views
  • Assistance for Homeowners
    Last Aired

    Assistance for Homeowners

    Secretaries Paulson and Jackson and others talked with reporters about new steps for helping homeowners avoid foreclosure. Topics included the turmoil in the mortgage market, falling house…

    30 views