Throughout the week, the BPC Housing Commission highlights news items that address critical developments in housing policy. Any views expressed in the content posted on this forum do not necessarily represent the views of the Commission, its co-chairs or the Bipartisan Policy Center.
DeMarco: FHLBanks should grow involvement in secondary market
By Christina Mlynski
HousingWire
"As the debate on housing finance reform moves forward, more attention will be paid to the activities of the Federal Home Loan Banks, and how these institutions fit into the future structure of housing finance. While resolving the conservatorships of Fannie Mae and Freddie Mac is central to the future of the secondary mortgage market, the FHLBanks can be a part of the larger housing reform discussion. Ed DeMarco, current acting director of the Federal Housing Finance Agency, firmly believes such institutions provide secondary mortgage market services to their members such as buying whole loans directly from members and holding them in portfolio." Read more here.