Securitization initiatives could replace wholesale GSE reform package

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By Sam Kerr
21 Mar 2017

Technical reforms of Fannie Mae and Freddie Mac, such as expanding agency credit risk transfer, could replace broader Congressional attempts to overhaul the government sponsored enterprises (GSEs), according to housing policy experts speaking at Moody's US Housing & Housing Finance Conference on Tuesday.

Jim Parrott, a senior fellow at the Urban Institute and owner of Falling Creek Advisors, told the audience that the new administration was making the complex business of predicting housing policy even more difficult. But he said, despite the uncertainty, reform of GSEs would take one form or another eventually. 

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