Items Tagged with 'housing finance reform'

ARTICLES

  • Calabria: Ending the net worth sweep is step one of GSE reform, IPOs are an option

    Made his remarks to a packed room at the MBA Secondary Conference
    The much-anticipated session with FHFA Director Mark Calabria at the MBA Secondary Conference in Manhattan Monday did not disappoint. No, he didn't reveal a timeline for releasing the GSEs from conservatorship, but his mission and intense focus were clear: The status quo isn't an option.
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  • Trump: "Many geniuses" are working to end government control of Fannie and Freddie

    Tells NAR audience administration will work closely with Congress to pass critical reforms
    President Donald Trump spoke about Fannie Mae and Freddie Mac for two minutes near the end of a one-hour speech at the National Association of Realtors convention in Washington on Friday. In addition to HousingWire’s story on Trump’s speech, here are the president’s complete and unedited comments on housing-finance reform.
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  • From HW Magazine

    HOT or NOT May: What's trending in housing right now

    Trump administration looks into housing finance reform
    President Donald Trump directed the U.S. Department of Housing and Urban Development and the U.S. Department of the Treasury to compile reports on the reform of government-sponsored enterprises Fannie Mae and Freddie Mac. But Office of the Inspector General for the Department of Housing and Urban Development is looking into whether the White House interfered with aid approved for Puerto Rico as the island recovered from 2017’s Hurricane Maria.
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  • Mark Calabria takes over as FHFA director, begins push for housing finance reform

    Calabria: We must not let this opportunity for reform pass
    After being confirmed by the Senate earlier this month, Mark Calabria officially took over Monday as the director of the FHFA, the federal agency charged with overseeing Fannie Mae, Freddie Mac, and much of the U.S. housing finance system. And in remarks delivered at his swearing in ceremony at the FHFA, Calabria emphasized the pressing need for housing finance reform.
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  • Housing industry responds to Trump's calls for housing finance reform

    Groups applaud president's official step toward instigating long-awaited change
    On Wednesday, President Donald Trump signed a memorandum calling for an end of the conservatorship of Fannie Mae and Freddie Mac. The memorandum details programs and objectives that the government agencies are asked to analyze for reform, but it doesn't provide many other specifics. Absent concrete details for change, most groups in the housing space applauded the president's move as an necessary step toward instigating much-needed change.
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  • Trump asks HUD to address financial viability of reverse mortgage program

    Housing finance reform to include assessment of HECMs
    President Donald Trump this week put into motion federal action on the "overdue reform of the housing finance system." Among the president's to-do list for the HUD secretary: address the financial viability of the reverse mortgage program, and report back to him promptly with a detailed plan for reform.
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  • Trump officially calls for end to Fannie Mae, Freddie Mac conservatorship

    White House issues release calling for "overdue reform of the housing finance system"
    President Donald Trump is officially calling for an end to the conservatorship of Fannie Mae and Freddie Mac, according to a White House release issued Wednesday. Trump is expected to sign a memorandum later today issuing "overdue reform of the housing finance system," the White House said, marking the administration’s first official move to instigate a plan for GSE reform.
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