http://www.americanprogress.org/issues/2009/03/pdf/mortgage_finance_principles.pdf
The bursting of the housing bubble and the resulting foreclosure epidemic have exposed major flaws in the U.S. housing finance system. All agree that significant reforms are necessary in all areas of mortgage finance—origination, primary lending, and secondary markets for mortgage-backed securities including Fannie Mae and Freddie Mac—but there is little consensus on what the system should look like when reforms are in place.
Featured Remarks: Reform Considerations in the Housing Finance System
Michael Barr, Counselor to the Director of the National Economic Council, White House
Welcoming Remarks
David Min, Associate Director for Financial Markets Policy, Center for American Progress
Moderated Discussion: Defining Progressive Principles for Mortgage Finance Reform
Michael Calhoun, President, Center for Responsible Lending
Jonathan Miller, Democratic Professional Staff, Senate Committee on Banking, Housing, and Urban Affairs (subject to Senate schedule)
Susan Wachter, Co-Director, Institute for Urban Research, The Wharton School, University of Pennsylvania
Kenneth Wade, Chief Executive Officer, Neighborworks
Barry Zigas, Director of Housing Policy, Consumer Federation of America
Moderated by:
Sarah Rosen Wartell, Executive Vice President and Managing Director for Economic Policy, Center for American Progress
Duration : 1:25:51