Government and Housing Finance Market
Panelists assessed the role of the federal government in the housing finance market. They discussed various recommendations for the next steps five years after Fannie Mae and Freddie Mac wer…
288 viewsPanelists assessed the role of the federal government in the housing finance market. They discussed various recommendations for the next steps five years after Fannie Mae and Freddie Mac wer…
288 viewsWitnesses spoke about replacing government-backed mortgage holding companies Fannie Mae and Freddie Mac with private companies that would receive minimal government support. Among the topics…
495 viewsThe Departments of the Treasury and Housing and Urban Development co-sponsored a conference on the future of housing finance in anticipation of a comprehensive proposal for new regulations t…
1,093 viewsLoan service executives testified on foreclosure prevention efforts, focusing on the implementation of the Home Affordable Modification Program (HAMP).
1,019 viewsBank executives testified about second liens and other barriers to principal reduction as an effective foreclosure mitigation program. Among the issues addressed were the effectiveness of go…
1,067 viewsThe Federal Housing Finance Agency, which took control of mortgage finance companies Fannie Mae and Freddie Mac in September 2008, announced new plans to streamline the process of modifying …
181 viewsTreasury Secretary Henry Paulson talked about the subprime mortgage crisis. He talked about the governmental interests in the development of a market-based solution. He said that mortgage in…
264 viewsSecretaries Paulson and Jackson and others talked with reporters about new steps for helping homeowners avoid foreclosure. Topics included the turmoil in the mortgage market, falling house p…
671 views