Reforming the U.S. Housing Finance System

 Reforming Fannie Mae and Freddie Mac is a significant element of the administration’s broader reform efforts to reengineer the U.S. housing finance system, which comprises more than 15% of the country’s gross domestic product. The administration’s reform proposals will likely touch on a broad number of participants in the housing system, ranging from Fannie Mae, Freddie Mac, the Federal Housing Administration (FHA), Ginnie Mae, the Federal Home Loan Bank (FHLB) System, the Rural Housing System (RHS), and Community Development Financial Institutions (CDFIs), to the housing processes and systems, which drive the mortgage origination, underwriting, securitization and after-market support of mortgages. 

Subscribe