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Cheat Sheet: How Obama’s Budget Would Affect Housing

National Mortgage News, By Victoria Finkle and Brian Collins

There’s little in the latest budget to suggest that the Obama administration is planning to take up the mantle of housing finance reform again in the near term.

The White House backed Senate Banking Committee efforts to pass bipartisan legislation overhauling Fannie Mae and Freddie Mac last year, but the move fell apart before reaching the chamber floor. Since then, there hasn’t been much substantive chatter about another push from the administration with Congress now under GOP control.

Read the full article: Cheat Sheet: How Obama’s Budget Would Affect Housing