And here’s what’s stopping reform
By Brena Swanson | Housing Wire
Attendees at Goldman Sachs housing and consumer finance conference took a break from talks of regulatory change, alternative asset classes and raising capital funds for a low-key lunch served in the same room.
The lunch boxes, stuffed with a sandwich, salad, chips and a cookie for dessert, also came with an extra side: Housing finance reform.
Goldman Sachs paired what could be argued as the most complex and intricate topic in housing with lunch. As attendees unwound from the back-to-back panel sessions, they sat and listened to five experts on housing finance reform try to unwrap the mess that is housing reform.
Despite the lack of agreement on reform in Washington, the five panelists gave a simplified overview of what’s out there in terms of likely Fannie Mae, Freddie Mac, and even Ginnie Mae, reform.
