MBA Housing Finance Reform Plan Recommends Multiple Guarantors to Increase Competition
February 2, 2017
The Mortgage Bankers Association this week released an updated proposal to establish multiple privately owned guarantors to promote competition in the marketplace. In the MBA’s blueprint, the guarantors would be organized as privately-owned utilities with a regulated rate of return. “The more market participants that compete...
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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