Items Tagged with 'Mark Calabria'

ARTICLES

Mark Calabria to serve as chief economist for Vice President Mike Pence

Long-time housing reform advocate joins Pence's staff
Mark Calabria, a long-time housing reform advocate, will serve as the chief economist to Vice President Mike Pence. In his role within Pence’s office, Calabria could play a big role and be a sizable voice for housing finance reform, which he has spoken about frequently in his career.
Read More

FHFA watchdog sounds alarm on $4.6B loss

GSE fails to recover losses from strategic defaulters
"I think it reinforces the current nature of mortgage finance policy, which is not to hold borrowers responsible. This isn’t just about Freddie, but it’s also about these borrowers sticking it to the taxpayer," Mark Calabria of the Cato Institute said.
Read More

GSE conforming loan limits could adjust again

Is the housing market ready for a lower ceiling?
Policymakers are contemplating a reduction in the maximum size of home loans that Fannie Mae and Freddie Mac are allowed to acquire, hoping this change will reduce the government’s dominant footprint in the mortgage market.
Read More

Foreign affairs could stall housing reform

Competing priorities shift Congressional focus
Housing is a strong catalyst for current economic growth, prompting mortgage experts to urge policymakers about the need for comprehensive housing finance reform this fall. But other fiscal headwinds and policy considerations could take precedence, delaying the housing fix once again.
Read More