Mixed outlook for US housing emerges at DC industry summit

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By Alexander Saeedy
15 Oct 2018

Industry executives and federal regulators descended on Washington DC on Monday for the Mortgage Bankers Association's annual housing finance conference, with an uncertain outlook for US housing in a heated economy providing the backdrop.

Speakers at the MBA conference included Janet Yellen, former chair of the Federal Reserve, Mick Mulvaney, acting director of the Bureau for Consumer Financial Protection, and Tim Mayopoulos, the current CEO of Fannie Mae.

Broadly, there was a consensus among participants that the extravagance of the subprime lending ...

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