Calabria Talks GSE Reform, QM Patch at Urban Institute Forum
November 3, 2017
Mark Calabria, chief economist to Vice President Mike Pence, said the administration is in the early stages of looking at ways to reform Fannie Mae and Freddie Mac. He also explained why he’s not a fan of the qualified mortgage “patch” during comments this week at a housing finance discussion hosted by the Urban Institute and CoreLogic. He said the Trump administration is committed to not handing Fannie and Freddie over in conservatorship to the next administration and that finding a path forward is just the beginning. “We will do a number of listening sessions to ask questions about what is the best way out of...