Court, campaigns and more from the world of politics. Let your fingertips. You can also stay current with the latest episodes of washington journal and find scheduling information and it cspan radio, plus a variety of podcasts. Cspan now is available in the apple store and google play. Download it for free today. Cspan now, your front row seat to washington, anytime, anywhere. Ginnie mae president Alanna Mccargo talks about Housing Demand and expanding access to housing. Bill good morning everyone and welcome to the bipartisan policy center. Ginnie mae provides a Critical Role in the housing system. If providers securities insured by the federal housing administration, the veterans administration, u. S. Cas Rural Housing service and the home Loan Guarantee program. Ginnie mae helps connect investors from across the globe to the u. S. Housing market. This promotes the availability of mortgage credits to millions of households served by federal housing programs. Our guest today is certai
Months. Including the iba, mill ken institute, several coauthors writing jointly for the urban institute, and many others. The committee is considering all of these proposals as well as other ideas about what the future system should look like. In the meantime, f hrks a serve as regulator of the enterprises and as regulator of the federal home loan banks. As conservator of the gse easy, theyre obligated to preserve and conserve the as 70s franny and freddie mac. They have undertaken a number of initiatives in recent years including some that began prior to director watts tenure. The platform was originally intipped to function like a market utility, independent from the enterprises. That would be used to issue both Agency Securities and private label securities. The platform has instead been developed specifically for securities issued by fanny mae and fredty mack. One important question as we embark on this is whether we should utilize the csp or consider other alternatives such as ex
Months. Including the iba, mill ken institute, several coauthors writing jointly for the urban institute, and many others. The committee is considering all of these proposals as well as other ideas about what the future system should look like. In the meantime, f hrks a serve as regulator of the enterprises and as regulator of the federal home loan banks. As conservator of the gse easy, theyre obligated to preserve and conserve the as 70s franny and freddie mac. They have undertaken a number of initiatives in recent years including some that began prior to director watts tenure. The platform was originally intipped to function like a market utility, independent from the enterprises. That would be used to issue both Agency Securities and private label securities. The platform has instead been developed specifically for securities issued by fanny mae and fredty mack. One important question as we embark on this is whether we should utilize the csp or consider other alternatives such as ex
System. Fannie mae and freddie mac have been in conservatorship for close to nine years. In september 2008, then treasury secretary hank paulson famously described the conservatorships as a timeout. Today, fannie and freddie along with fha continue to dominate the Mortgage Market. Approximately 70 of the mortgages are backed by the federal government. While fannie and freddie are currently earning profits, if the Housing Market experiences a downturn, taxpayers could again be on the hook for billions of dollars. The status quo is not a viable option. The Housing Finance system depends on two Government Sponsored Enterprises and perpetual conservatorship is not a sustainable solution. Taxpayers today bear too much risk and the government plays too big a role in the Mortgage Market. A number of groups have released proposals for reform in recent months. Including the mba, the icba, the milken institute, several coauthors writing jointly for the urban institute, and many others. The commi
Oil cut staff in moscow and ends in vienna on wednesday, with alleged in its effort with a last which effort to cut supply. Matt we are less than half an hour away to the european open. Lets take a look at futures here. A little bit of a mixed picture as far as european futures are concerned. Sou can see here thae ftse if off. U. S. Futures are down as well, but this adds open cash markets around the world, and the msci world index is also rising right now. Well see what happens. It seems as oil goes, so goes the market. That has been the story for the last couple days, and its very important today. Guy yeah, its going to be a big week for crude. Lets walk everyone around and show them whats going on. The big move overnight comes to the dollar. This is the story, the bloomberg dollar index down by around. 5 . The move in the yen is probably a little more pronounced overnight. Its a 1 move. Morgan stanley says the japanese equity market is not a place to be. We will talk about that a li