An Uphill Climb
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An Uphill Climb

In late January, Sen. Mike Crapo, the Chairman of the Senate Banking Committee, released a Housing Reform Outline. The two over-arching goals presented were: make housing more affordable and protect taxpayers. The outline addresses five topics: guarantors, regulation of the guarantors, Ginnie Mae’s (new) role, the requirements necessary to transition to the new system, and a new plan to deal with affordable housing.
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