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September 16, 2014

Ex-FHFA Chief DeMarco Warns that Private Capital May Lose Interest in Mortgages

By Charles Wisniowski

“The conservatorships are a huge barrier to entry for private capital,” said former FHFA Acting Director Edward DeMarco.

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After the November elections, how long will it take for a new Congress and White House to pass GSE reform legislation?

I’m confident a bill will be passed the first year.


2 to 3 years. GSE reform is complicated.


Sadly it won’t happen in a Clinton or Trump first term.


Not in my lifetime.


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