The Trump administration’s plans to change housing finance in America would undermine the Federal Housing Administration’s (FHA’s) ability to create affordable homeownership opportunities, according to House Financial Services Committee Chairwoman Maxine Waters.
Federal Housing Finance Agency (FHFA) Director Mark Calabria spoke at a committee hearing, which also was attended by Treasury Secretary Steven Mnuchin and Housing and Urban Development Secretary Ben Carson.
Read on to see what Calabria had to say.
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