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Here We Go Again on Housing Reform. Is This Time Any Different?

Friday, February 1, 2019

There was a flurry of rumors and a bit of a bull market around the Freddie Mac and Fannie Mae stock a few weeks ago after Federal Housing Finance Agency (FHFA) acting director Joseph Otting told FHFA staff that the agency would soon announce plans to remove the Freddie and Fannie (the GSEs) from conservatorship. It has been crickets since except for a recent statement from the White House that it would be releasing a comprehensive framework for housing finance reform "shortly," but that no decisions had been made regarding its substance.


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"Eric was attentive to all my questions and concerns and provided answers in a manner in which I could understand. He sent friendly reminders via email to keep me posted on where we currently stand within the loan process and in the same time kept me accountable for the items that were required for myself to help keep the loan process moving."
Amanda L