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Group Convened by Center for American Progress Unveils Housing Finance Fix

A description of the new white paper on housing finance reform is provided in this article at HousingWire.com. A working group of 19 university scholars and housing advocates have come together to look at different ways to reform government-sponsored enterprises and build a proposal that would provide some sort of guarantee for principal and interest payments. The article describes the proposals being considered including the creation of a market access fund that would support products to better serve underserved markets and explains the need for incremental steps when it comes to reform.

SOURCE: Housingwire.com, 1/27/11

URL: http://www.housingwire.com/2011/01/27/group-convened-by-center-for-american-progress-unveils-housing-finance-fix