Baby Steps: An Update on Housing Finance Reform
The U.S. housing market is a critical piece of the general economy. It represents one-fifth of U.S. GDP and 35% of all private, non-financial debt in the country.The U.S. Treasury Department just announced that Fannie and Freddie will retain their earnings, a step in moving the companies out of conservatorship and back into the private sector. In this podcast, SIFMA president and CEO, Kenneth E. Bentsen, Jr. is joined by Chris Killian - Managing Director and head of SIFMA's securitization practice. Together, they explain how that one small move fits into the Administration's overall goals for…
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