Trending Thursday: Housing, mortgage finance getting a break from Washington?

Trending Thursday: Housing, mortgage finance getting a break from Washington?

Plus untying Fannie, Freddie and the whole Gordian knot of conservatorship

Existing home sales crater in April, falling 3.3%

Spring buying stalls out after strong March performance

It's official: NYDFS Superintendent Ben Lawsky stepping down

4 years as leader of “long reach” New York financial regulator
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Investments / The Ticker

NCRC launches white paper on GSE reform

Works to preserve affordable credit

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The National Community Reinvestment Coalition released a new white paper, outlining the group's recommended plans for creating a secondary mortgage market. The group's goal is to ensure working Americans have access to credit in the future.

The paper, “A Guarantee for a Guarantee: Two Proposals to Ensure that the Future Secondary Mortgage Market Serves All Creditworthy Borrowers,” offers two separate proposals for reforming Fannie Mae and Freddie Mac.

Source: NCRC
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