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Home » Store » News » HUD Secretary Stresses Need for Balance in Mortgage Reform, Leans Toward Private MI Role in QRM

HUD Secretary Stresses Need for Balance in Mortgage Reform, Leans Toward Private MI Role in QRM

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A key Obama administration official stressed the need for paring down the federal government’s role in the mortgage market while also tossing mild support for the beleaguered private mortgage insurance industry. In remarks at this week’s National Policy Conference sponsored by the Mortgage Bankers Association, Shaun Donovan, secretary of the Department of Housing and Urban Development, said...
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