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Sign into your accountThe Future of Housing Finance on Horizon
August 15 2013
Guest contributor Down Payment Resource says:
Housing once again became a hot marketplace topic when President Obama laid out his plan for the future of housing finance last week. He urged Congress to take action on housing legislation before year end.
As the market improves, there's now focus on what should happen next to meet long term market needs. With a wide range of opinions on how much or how little government should be involved, we offer a few critical points to consider when forming your own opinion:
Government Sponsored Enterprises (GSEs)
The Fannie/Freddie model of private gains and public loses is obsolete. Will the huge dividends now being returned to the Federal coffers by the GSEs slow momentum for reform?