Breaking News
  • Mercury Network acquires Platinum Data Solutions

    In a move that is one of the first of its kind for the industry, Mercury Network, an appraisal management system, announced it acquired Platinum Data Solutions, a QC technology company. In light of the changes, HousingWire talked with Will Clemens, CEO of Mercury Network, and Phil Huff, CEO of Platinum Data, to see how the change fits perfectly into both of the companies.

Lending The Ticker

Housing finance reform gains momentum

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
Reprints

Services Guide

Comments powered by Disqus