Are record-low interest rates masking high-cost mortgage lending?

Are record-low interest rates masking high-cost mortgage lending?

Five leading economists weigh in and the answer may surprise you

Auction.com partners with Google to predict housing trends

Nowcast will predict in real time

The New York Times rambles, and mangles mortgages along the way

Mortgage finance and mortgage regulation aren’t the paper’s strong suits
W S
Lending / The Ticker

Housing finance reform gains momentum

/ Print / Reprints /
| Share More
/ Text Size+

Talks of housing finance reform are gaining momentum in Washington D.C. as lawmakers craft policies to set the mortgage market on a new course, The Hill reports.

Meanwhile, the Bipartisan Policy Center’s Housing Commission has introduced a plan to wind down Fannie Mae and Freddie Mac, the article explained. 

Additionally, the article said the introduction of the "Jumpstart GSE Reform Act," draft legislation showed the government's interest in the importance of designing a new architecture for our nation’s housing finance system.

So let us hope we are indeed witnessing a "momentum shift" moment in the housing finance reform debate.  The clock is ticking, and it is time to create a new system that can support the mortgage credit needs of America’s working families today and well into the future.
 

Source: The Hill
Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus