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.
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
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Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio