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Why Republicans won’t enact housing-finance reform

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  • November 5, 2014 at 4:37 pm #2575

    Investors Unite
    Keymaster

    MarketWatch, By Ruth Mantell

    With Republicans expected to strengthen their position in Washington this election, the party has an opportunity to advance its agenda for a key economic sector: the housing market.

    An unresolved issue from the financial meltdown is what to do about federally controlled mortgage-finance giants Fannie Mae and Freddie Mac. These are big-deal companies: Together they back about half of new U.S. mortgages, according to Inside Mortgage Finance, which closely monitors industry trends.

    Read the full article: Why Republicans won’t enact housing-finance reform

     

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