The Department of Housing and Urban Development released a major housing finance reform plan Sept. 5 in response to a March presidential memorandum designed to expand mortgage financing options with a more diverse population of lending institutions.
The report was released in conjunction with a Treasury Department report on future plans for Fannie Mae and Freddie Mac.
Read on for reaction from HUD Secretary Ben Carson and Federal Housing Administration Commissioner Brian Montgomery, as well as comments from the National Association of Realtors and American Land Title Association on a the Treasury Department report.
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