A Challenge To A Ginnie Mae-Based Approach To Housing Finance Reform

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This post is the seventh in our Housing America Series, aimed at elevating the need for housing policy reforms—from housing finance to affordability—as we move through a pivotal federal election and transition. While it is too early to tell how the 2016 elections will affect the prospects for ending the government-sponsored enterprises’ (GSEs) lengthy conservatorship, stakeholders of all political stripes should be encouraged by Treasury Secretary-designate Steven Mnuchin’s intention to make housing finance reform a Trump administration priority. While there are many GSE reform proposals out there, the election has elevated interest in one particular proposal because its authors command broad…

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