GSE reform

Simplifying GSE Reform – A Roundtable Discussion

On April 8, 2015 Andrew Davidson & Co, held a roundtable discussion in Washington D.C., “Simplifying GSE Reform – A Roundtable Discussion”. The discussion was focused on whether to replace or reform the GSEs, alternative methods of risk share, the Ginnie Mae model, and related issues. GSE Reform roundtable discussion summary and proposal here.

Housing Finance Reform: House Hearing and Administration Proposal

On February 9, the House Financial Services Committee held a hearing on GSE reform with a focus on immediate steps to protect taxpayers and end the bailout. On February 11, the Obama administration released a white paper on housing finance reform, outlining its plan to: (i) reduce government support for housing finance and wind down Fannie Mae and Freddie Mac on a responsible timeline; (ii) address fundamental flaws in the mortgage market to protect borrowers, ensure transparency, and increase the role of private capital; and (iii) target the government’s support for affordable housing in a more effective and transparent manner. The proposal also sets forth longer-term reform choices for structuring the government’s future role in the housing market. Congressional Hearing Link. Treasury Release. White Paper.  HFS Testimony and Archived Webcast.