Home Mortgage Finance Reform
Panel two participants talked about legislation to limit or eliminate the government-supported agencies of Fannie Mae and Freddie Mac, which guarantee the majority of home mortgages. They also discussed the government’s role as represented by former Representative Mel Watt (D_NC), who had just become the director of the Federal Housing Finance Agency.
Industry analysts talked about the future of home mortgage finance. Panel one focused on ensuring access to homeownership for credit-worthy… read more
Industry analysts talked about the future of home mortgage finance. Panel one focused on ensuring access to homeownership for credit-worthy applicants, including low and middle income families and communities of color. They also discussed the issue from the standpoint of inequality and the effects of the economy on home ownership over the recent years.
Panel two participants talked about legislation to limit or eliminate the government-supported agencies of Fannie Mae and Freddie Mac, which guarantee the majority of home mortgages. They also discussed the government’s role as represented by former Representative Mel Watt (D_NC), who had just become the director of the Federal Housing Finance Agency. close
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