In a speech before the “Future of the U.S. Housing Market” event in Washington, House Financial Services Chairman Jeb Hensarling (R-Texas) detailed his principals for reforming the market through legislation.
Among the areas cited in his presentation was a proposal authored by former Federal Housing Finance Agency acting director Ed DeMarco and Ginnie Mae acting director Michael Bright.
Read on for more of Hensarling’s ideas for secondary market reform, including the elimination of Fannie Mae and Freddie Mac.
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