“This is having its worst impact on first-time homebuyers, who generally are more dependent on mortgage financing and have limited budgets. It’s hurting millennials… it’s also hurting people of color who are trying to become homeowners.” – David M. Dworkin
“It’s not good enough to say people are not discriminated against today. There’s a multigenerational impact of past discrimination that we should all be responsible for addressing.” – David M. Dworkin
“[A company’s] job is not risk elimination. It’s risk management. Their mission is to add liquidity to the mortgage markets, not reduce it, and they need to get back in the liquidity business and add liquidity to underserved markets.” – David M. Dworkin
“The principal problem with the private-label securities market is the legal structure and the difficulty in responsibly managing loans that fail. Nothing has been done to resolve that.” -David Dworkin
“Initially, we were particularly concerned about an eviction cliff. What we’re watching now is a slow-motion car crash, and we really need to engage very deliberately in avoiding it.” – David M. Dworkin
“In the next 30 days, there’s no excuse to get this money out. We have the money to pay the rent. We need to get it paid.” – David M. Dworkin
“There is no person in the U.S. who is more qualified for that job at this time than Julia Gordon. She understands better than almost anyone how important it is to maintain stability of the neighborhood as well as the stability of the homeowner.” – David M. Dworkin
“We used to refer to this as an eviction cliff. I now see it more as a slow-motion car crash.” – David M. Dworkin
“The sweep is a relic of the last mortgage crisis. There’s no question that GSEs need to improve their capital position. Some of their profits should go to capital, but they also need to address real inequities in the housing markets.” – David M. Dworkin
“Whomever the administration selects will likely prioritize affordable housing and access to homeownership instead of the safety and soundness of Fannie and Freddie.” -David M. Dworkin
