Items Tagged with 'American Securitization Forum'

ARTICLES

  • From HW Magazine

    Hensarling in the House: Rep. Jeb Hensarling pushes housing reform center stage

    Housing Financial Services Committee chairman talks U.S. housing reform
    House Financial Services Committee Chairman Jeb Hensarling headed back to Washington D.C., this past week with one objective on his mind: placing housing center stage and getting the House prepared to consider broad sweeping reforms before a sense of complacency kicks in.
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  • Seeking GSE Replacements

    With government pressing for ways to wind down Fannie Mae and Freddie Mac, potential replacements seem to be insufficient to fill the void.  At a meeting of the American Securitization Forum, a panel explored the topic as they attempted to discuss "life without the GSE's." Reported by HousingWire, the panel explored potential changes to the housing finance market including development of a covered bond market currently being explored by a Congressional committee, to greater presence of private investment capital.  However, these potential solutions expect to only be able to support a small portion of the market. With Fannie Mae and
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  • Shaping GSE Reform

    In a speech at the American Securitization Forum Conference, Representative Scott Garrett, Chairman of the House Financial Services Subcommittee on Capital Markets, began to lay out the goals for reforming housing finance and the Government Sponsored Entities (GSEs), Fannie Mae and Freddie Mac. Noting that 95% of the U.S. Mortgage market is current being financed by the federal government, Rep. Garrett said that reform needs to be led by four key objectives: 1.) Protect taxpayers; 2.) End the bailouts; 3.) Get private capital back in our mortgage markets; and 4.) Decrease government exposure to housing.  Realizing that there many
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  • Frank: Mortgage Bailout Shouldn't Offer 'Free Rides'

    Reducing the amount of foreclosures will play a key role in stabilizing the financial crisis, but the government should avoid giving a "free ride" to any borrower who could not have afforded a mortgage to begin with, said Barney Frank, D-Mass., chairman of the House Committee on Financial Services, at a hearing Wednesday.
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