Volume 14 - Number 23
November 14, 2014
DeMarco: ‘Housing-Industrial Complex’ Inhibits GSE Reform
Effective and lasting GSE reform cannot be accomplished without Congress taking decisive action and the housing finance market’s status quo is unsustainable in the long term, according to the former head of the Federal Housing Finance Agency. Speaking at an American Enterprise Institute forum late this week, former FHFA Acting Director Edward DeMarco warned attendees to expect comprehensive and lasting housing finance reform to remain stalled unless lawmakers pass a bill that the president will sign.
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