Michael Bright and Ed DeMarco’s proposal to end the conservatorship of the GSEs would use the Ginnie Mae platform to create a new secondary mortgage market.
More homeowners are carrying mortgage debt later in life, restraining the ability of seniors to finance retirement and age with options in their communities.
Housing agencies recognize it is possible to manage risk with sound underwriting, while simultaneously expanding access to mortgage credit.
New insights from former FHA Commissioner Brian Montgomery will be showcased at the opening session of the 2014 Housing Summit. He will join three other former FHA commissioners and current Commissioner Galate. With three weeks to go, don’t forget to register here.
The graying of America will force our nation’s leaders to rethink policies in fields ranging from health care to public safety to transportation. For housing policymakers, a major challenge will be responding to the needs of the overwhelming majority of seniors who will seek to age in place in their own homes and communities.