Tag: GSE

GSE Reform Needed Now, Coalition Says

Filed in Capitol Hill, Housing Finance, Leadership by on September 5, 2018 0 Comments
GSE Reform Needed Now, Coalition Says

NAHB has joined a coalition of 30 trade associations in the real estate, lending and home building industries to urge Congress and the Trump administration to lock in recent reforms to Fannie Mae and Freddie Mac and take the status of these GSEs out of limbo.

Continue Reading »

NAHB Calls on Congress to Enact Comprehensive Housing Finance Reform

Filed in Capitol Hill, Housing Finance, Leadership by on November 2, 2017 1 Comment
NAHB Calls on Congress to Enact Comprehensive Housing Finance Reform

Congress must move swiftly to implement comprehensive reforms to the nation’s housing finance system to ensure that housing credit remains readily available and affordable in the future, NAHB said in testimony today.

Continue Reading »

GSE Reform Needed Now, New Paper Says

Filed in Codes and Regulations, Housing Finance by on March 23, 2016 0 Comments
GSE Reform Needed Now, New Paper Says

A group of noted housing economists today released A More Promising Road to GSE Reform, which suggests fixes to the housing finance system that echo a number of NAHB’s own proposals released in a white paper last year.

Continue Reading »

NAHB Ensures Home Owners Won’t Help to Pay for Transportation Bill

Filed in Capitol Hill, Housing Finance by on December 3, 2015 0 Comments
NAHB Ensures Home Owners Won’t Help to Pay for Transportation Bill

In an important victory for NAHB and home owners, the House and Senate today approved a five-year highway bill that will not use guarantee fees collected by Fannie Mae and Freddie Mac to pay for transportation programs.

Continue Reading »

FHFA Announces 2016 Conforming Loan Limits for GSEs

Filed in Codes and Regulations, Housing Finance by on November 25, 2015 0 Comments

The Federal Housing Finance Agency today announced that the maximum conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac in 2016 will remain at existing levels, except in 39 high-cost counties where they will increase. In most of the country, the loan limit will remain at $417,000 for one-unit properties. The 39 counties that will see an increase from existing levels include some high-cost counties along the west coast and in the Boston, Denver and Nashville markets.

Continue Reading »

In Wake of Fannie’s Earnings Report, Time to Move on Housing Finance Reform

Filed in Capitol Hill, Housing Finance by on February 20, 2015 0 Comments
In Wake of Fannie’s Earnings Report, Time to Move on Housing Finance Reform

After Fannie Mae announced today that its fourth quarter earnings plummeted by two-thirds and CEO Tim Mayopoulos said that a lack of a capital cushion could trigger a future draw from the U.S. Treasury, NAHB Chairman Tom Woods issued the following statement calling on Congress to swiftly act on comprehensive housing finance reform:

Continue Reading »

Top Treasury Official Agrees with NAHB: Senate Must Advance Housing Finance Reform Bill

Filed in Capitol Hill, Housing Finance by on June 18, 2014 0 Comments
Top Treasury Official Agrees with NAHB: Senate Must Advance Housing Finance Reform Bill

Mary Miller, the Treasury Department’s under secretary for domestic finance, on June 13 called on the Senate to pass NAHB-supported legislation (S. 1217, the Housing Finance Reform and Taxpayer Protection Act of 2014) to revamp the nation’s housing finance system to ensure that creditworthy borrowers will be able to access home mortgages.

Continue Reading »

Yellen Calls for Congress to Act on Housing Finance Reform

Filed in Capitol Hill, Housing Finance by on February 19, 2014 0 Comments
Yellen Calls for Congress to Act on Housing Finance Reform

In her first time testifying before Congress as Federal Reserve chair, Janet Yellen said that “government funding remains critical to the mortgage sector.” Appearing before the House Financial Services Committee on Feb. 11 to present the Federal Reserve’s semiannual Monetary Policy Report to Congress, Yellen said that Congress should make it a priority to pass […]

Continue Reading »