MBA Says It’s Time to Consider Future Roles of FHA, Ginnie Mae, Including Market Penetration
September 23, 2010
Ginnie Mae and the FHA are too important to first-time, underserved and low- to middle- income homebuyers to be allowed to fail, according to a new Mortgage Bankers Association report that outlines recommendations to help the agencies thrive in future markets. Since the housing market began to crash in 2007, government policymakers responded with...
The creation of a U.S. sovereign wealth fund could grease the skids for an end to the conservatorships of Fannie Mae and Freddie Mac.
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