Inertia Might Win Out in Secondary Mortgage Market Reform
Mortgage LoanWith secondary mortgage market companies Fannie Mae and Freddie Mac making money again, there’s a good chance lawmakers in Congress will drag their feet on overhauling the country’s residential secondary mortgage market system, despite its almost 100 percent reliance on the federal government today. That’s according to Robert Couch, a member of the Bipartisan Policy Center housing commission that earlier this year published a 140-page report on how to reform the system titled “Housing America’s Future: New Directions for National Policy.” “Inertia is gaining momentum,” Couch told hundreds of REALTORS® […]
