Will 2019 Finally Mean an End to the Conservatorship?
Автор: Pepperdine School of Public Policy
Загружено: 2019-02-21
Просмотров: 893
On February 19, 2019 the Pepperdine School of Public Policy hosted an panel event entitled, “GSE Reform: Will 2019 Finally Mean an End to the Conservatorship?”
Ten years since the housing market collapse and historic financial crisis, comprehensive housing finance reform remains at an impasse in Washington. Fannie Mae and Freddie Mac, the government sponsored enterprises that anchor the secondary mortgage market, continue to operate in government-run conservatorship. But could this year be the year policymakers address this last piece of unfinished business from the crisis? The Federal Housing Finance Agency (FHFA), the GSEs' conservator has a new director. The Trump Administration has tapped Mark Calabria, Vice President Mike Pence's chief economist, to succeed Mel Watt. There is growing bipartisan support for ending the conservatorship of the GSEs, and for re-building a capital base that would protect taxpayers from future bailouts. Now it's up to policymakers to decide on a path forward.
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