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Market Updates

Investors vs. Housing Finance Reform

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boxerLast week the Senate Banking Committee continued the arduous task of sifting through a mountain of ideas related to reforming the U.S. housing finance system.

This week the subject concerns injecting additional private money into the current system.

Before providing details on the content of the hearing, it’s important to put this into context for residential investors...

As a lobbyist fighting on your behalf, I am heavily involved in the housing reform debate precisely because of the massive impact it can and likely will have on small, non-institutional investors. While Fannie and Freddie created a beneficial framework for inexpensive mortgages, the implicit taxpayer guarantee that resulted in their bailout drives the calls for reform.

Since the housing crisis, Fannie and Freddie have not been particularly kind to non-institutional residential real estate investors. My website documents the many concerns we’ve…


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