Volume 2014 - Number 4
January 31, 2014
Obama Barely Mentions Housing in State of the Union Speech; Treasury Official Says No To HARP Extension
President Obamas scant mention of housing finance reform or mortgage policy during this weeks State of the Union address was not entirely a surprise, say industry observers, but an administration officials remarks last week on the Home Affordable Refinance Programs outlook were more encouraging. Obama spoke of housing exactly twice during his prime time speech: first to describe the housing market as rebounding and again to demand from Congress legislation that protects the taxpayers from footing the bill for a housing crisis ever again. Fannie Mae or Freddie Mac were mentioned...
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This weekly covers the secondary mortgage market, including mortgage-backed securities and asset-backed securities.
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