Calabria: Ending the net worth sweep is step one of GSE reform, IPOs are an option
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Calabria: Ending the Net Worth Sweep is Step One of GSE Reform, IPOs are an Option Published on May 21, 2019 by Housing Wire The much-anticipated session with Federal Housing Finance Agency Director Mark Calabria at the MBA Secondary Conference in Manhattan Monday did not disappoint.
NCSHA supports a strong, healthy GSE system in order to ensure stability, liquidity, and affordability in the home mortgage market. NCSHA’s position paper on GSE reform calls for a system with an explicit government guarantee, robust affordable housing goals, and a clear commitment to partnering with HFAs.
Calabria: Ending the net worth sweep is step one of GSE reform, IPOs are an option – Quote: Calabria said the GSEs would exit conservatorship when they have "an excess of capital." To gain that capital requires a suspension of the net worth sweep, which Calabria said is "step one." May 20, 2019
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Multi-generational homes are the preferred choice for Gen-Xers and older millennials, according to the National Association of Realtors’ (NAR’s) 2019 Home Buyer and Seller Generational Trends study. However, the reasons they prefer to buy these homes are different. The study found that while Gen Xers prefer to buy a multi-generational home because their adult children.