Salvaging Housing Finance Reform
Roll Call - July 7, 2014 - July 7, 2014
Roll Call, July 7, 2014
By Jonathan Macey
Housing finance legislation has stalled in the Senate but reform is not dead yet. Secretary Jack Lew recently announced a new initiative to incentivize private capital in the housing market, yet to date, the administration has implemented housing policy that does the complete opposite.
As director of the Federal Housing Finance Agency, Melvin Watt can push forward without Congress, while complementing the administration’s new goal of making sure private capital sustains the housing market.
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