On March 23, Treasury Secretary Geithner testified before the House Financial Services Committee regarding the future of the housing finance system. Geithner set forth the Administration’s objectives for a reformed system, which include: (i) widely available mortgage credit, (ii) housing affordability, (iii) consumer protection, and (iv) financial stability. Treasury and HUD will submit a list of questions by April 15 for public comment to seek recommendations and comments on: (a) the priorities for government housing policy, (b) the role of government in the housing finance system, (c) characteristics of mortgage products available to consumers, (d) best practices to ensure consumer protection, and (e) the most effective design for the housing finance system. Testimony.