The Treasury will not launch its revamp of housing finance until next year as it concentrates first on swift implementation of financial reform legislation, the Treasury’s number two official said on Thursday. US-backed housing finance giants Fannie Mae and Freddie Mac, with their broken business models, are notoriously absent from the US financial rules overhaul close to becoming law.
Housing revamp to start next year: Treasury
Most Popular Articles
Latest Articles
The best real estate podcasts for agents and brokers in 2024
The best real estate podcasts to motivate, inspire, entertain and enlighten you this year.
-
Home sellers saw their profits shrink in the first quarter: Attom
-
If reelected, Trump could seek greater control over Federal Reserve
-
Acra CEO Keith Lind on staying the course amid choppy waters in non-QM
-
HUD walks back some proposed changes to HECM for Purchase program
-
Retirement confidence hasn’t fully recovered, but survey shows hope for future prospects