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Volume 27 - Number 31

August 5, 2010

Industry’s Preferred Housing Finance Reform Mechanism, the MCGE, Has Many Unknowns

The idea to create smaller, more narrowly focused mortgage securitizers with government charters looks like an early frontrunner in the unpredictable marathon to overhaul the mortgage finance system, and it could provide for a fairly seamless transition if the existing Fannie Mae and Freddie Mac infrastructure is adapted. Although some 300 comment letters were submitted...

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Poll

The Consumer Financial Protection Bureau is completing its first six months of operation. Based on the agency’s regulatory pronouncements and announcements to date, how do you think the agency is doing?

It’s doing a good job of balancing consumer protections with regulating the mortgage industry.
It’s too early to tell what kind of job the CFPB is doing.
It’s not needed and should be closed down.

vote to see results
Housing Pulse

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