Since Fannie Mae and Freddie Mac were placed into conservatorship nearly five years ago, little progress has been made to fix the nation’s troubled housing finance system. Bipartisan legislation introduced by Senators Bob Corker (R-TN) and Mark Warner (D-VA) marks a serious new entry in the reform debate. BPC hosted a discussion with the Senators focused on the details of their proposal and prospects for reform.
Read the press release here.
Senator Bob Corker (R-TN)
Senator Mark Warner (D-VA)
Housing Reporter, The Wall Street Journal
In Case You Missed It
On June 17, the BPC Housing Commission hosted a half-day forum, “Housing Finance Reform: Is Inertia Gaining Momentum?” Participants discussed why the status quo is unsustainable and bipartisan legislative action is needed to restore a sound and sustainable system of housing finance. Archived video from the event and a transcript of remarks from keynote speaker Lewis S. Ranieri are available here.