Monday Morning Cup of Coffee: When will mortgage lending pick up?

Monday Morning Cup of Coffee: When will mortgage lending pick up?

Plus, more on the future of Fannie and Freddie

Fannie Mae: 3 reasons why this oil glut won't crash housing

It isn't the 1980s anymore

The Wrap: Appraisal activity continues to pick up in second week of August

Appraisal Foundation joins HousingWire
W S
Investments / Lending / The Ticker

Rep. Waters leads fight against PATH Act

Congresswoman Maxine Waters, D-Calif., announced her opposition to the controversial PATH Act, a Republican bill that would unwind Fannie Mae and Freddie Mac, removing significant government supports within the secondary mortgage market.

"Housing finance reform is a serious undertaking and American taxpayers deserve a thoughtful, bipartisan approach to such an important issue," Waters said.

Waters led Democratic opposition to the bill, explaining that a government guarantee is necessary to preserve the affordable, 30-year, fixed-rate mortgage.

"I am committed to working with all of my Democratic colleagues to preserve the 30-year, fixed-rate mortgage and support affordable rental housing," she continued. 

 "Whenever the Chairman is ready to take housing finance reform seriously, I am ready to work with him too," Waters added. 

Recent Articles by HousingWire Staff

Comments powered by Disqus