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News from 2019

Bipartisan housing finance reform on the road less taken

“The Treasury Department has provided a map that lays out many roads, some of which are well-worn and bad for consumers and taxpayers alike. But the road less traveled, the road to true bipartisan housing reform, is now apparent – and if we choose to take it, it will make all the difference.” -David M. Dworkin

Spotlight on Housing Reform

“The most important thing the hearing accomplished is that it has reinvigorated the debate on housing finance reform after 11 years of conservatorship and established a path forward that requires both Congress and the administration to get right.” – David M. Dworkin

What’s Next for Housing Finance Reform?

“The housing goals language in the report is a non-starter that undercuts the value of everything else in the paper. And let’s be clear, there’s no getting around Congress on the housing. They are written into the law and the civil rights community and a broader group of housing experts, including the National Housing Conference and most of our members have made clear, we won’t accept any back-tracking on this critical element of the system.” – David M. Dworkin

Administration Releases Housing Finance Reform Proposals

“It’s really a road map to government-sponsored enterprise (GSE) reform rather than a blueprint. It includes a mix of ideological red meat for conservatives and practical suggestions and concessions to moderates and liberals. There are different paths you can take. I expect the strategy is to move forward incrementally with Congress as opposed to acting unilaterally, which the administration has enormous power to do.” -David M. Dworkin

Did Treasury’s GSE report move the needle?

“I think of this as a roadmap and not a blueprint, because there are a lot of paths they can take, but they pretty clearly signal the ones they like and the ones they’re giving lip service to. I expect them to move forward incrementally on the administrative reforms, so that Congress has time to make adjustments in the statute.” -David M. Dworkin

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