Home Ownership in the Current Economy
Housing and lending experts talked about the economy and the future of home ownership. Among the subjects they…
Discussion on Home Ownership with Henry Cisneros
2011-03-24T10:47:12-04:00https://images.c-span.org/Files/437/298647-03-m.jpgFormer Housing and Urban Development Secretary talked about the Clinton administration’s efforts to raise the homeownership rate to 66 percent. He also talked about the subprime market and predatory lending practices. Other topics included the government sponsored enterprises Fannie Mae and Freddie Mac. He noted that both are still needed, particularly in minority homeownership situations, but he believes they will change from their current structure.This program was part of an Atlantic and National Journal joint economic summit on the impact of the economic crisis on housing and the next generation of home buyers.
Former Housing and Urban Development Secretary talked about the Clinton administration’s efforts to raise the homeownership rate to 66… read more
Discussion on Home Ownership with Henry Cisneros Former Housing and Urban Development Secretary talked about the Clinton administration’s efforts to raise the homeownership rate to 66 percent. He also talked about the subprime market and predatory lending practices. Other topics included the government sponsored enterprises Fannie Mae and Freddie Mac. He noted that both are still needed, particularly in minority homeownership situations, but he believes they will change from their current structure.
This program was part of an Atlantic and National Journal joint economic summit on the impact of the economic crisis on housing and the next generation of home buyers. close
People in this video
- Ronald Brownstein Editorial Director National Journal
- Henry Cisneros Secretary (Former) Department of Housing and Urban Development
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