Principles for Reforming the Housing Finance Market

Wallison, Peter; Pinto, Ed; Pollock, Alex
April 2011
National Mortgage News;4/4/2011, Vol. 35 Issue 27, p4
Trade Publication
In this article the authors discuss the four basic principles for reforming the housing finance market in the U.S. They note that the housing finance market should function without any direct government financial support and ensure that the mortgages are distributed with prime quality. They add that all programs for aiding low-income families to become homeowners should be on-budget and Freddie Mac and Fannie Mae should be eliminated as government-sponsored enterprises (GSEs).


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