Trump’s Business Background Could Help Resolve Problems With Credit Availability, Housing Supply
November 23, 2016
President-elect Donald Trump’s business background could help address two of the biggest challenges confronting the housing finance industry today: limited credit availability and a shortage in the supply of the housing stock, according to Laurie Goodman, director of the Urban Institute’s Housing Finance Policy Center. “Mortgage credit availability is an issue we have repeatedly written about,” said Goodman in a recent online blog post. Some of her previous research has shown that “the market is taking less than half the credit risk it was taking during 2001, a period of reasonable credit standards,” she noted. And other HFPC research has shown...