News of a bipartisan effort underway in the U.S. Senate to reform the housing finance industry is a welcome development, but the devil is in the details.
Almost a decade after the financial crisis, in addition to repairing damage caused by the flawed Dodd-Frank law, policymakers must work swiftly to wind-down Fannie Mae and Freddie Mac, the two institutions at the heart of the last financial crisis.
https://patomak.com/wp-content/uploads/2022/12/PGP-Header-Logo-Stacked.png00Malin Phelanhttps://patomak.com/wp-content/uploads/2022/12/PGP-Header-Logo-Stacked.pngMalin Phelan2017-06-29 15:13:322024-07-22 11:18:10CNBC.com: To Reform the Housing Market, Get Rid of These Two Bloated Behemoths