🚨Many millions of US seniors could lose their homes & equity for retirement unless language is fixed in the 21st Century Road to Housing Act, which mistakenly sweeps common sale-leasebacks in with home purchases by institutional investors. #FixtheGlitch
https://t.co/Yhtvpg6OHY
The good guys in white hats are starting to arrive in the Prepa lien appeal as @SIFMA and the Commonwealth of Virginia file notices of appearance at the First Circuit. Contrary to what Judge Swain believes this appeal is central to the basic underpinnings of #muniland.
14 states file amici in support of Prepa bondholders who have appealed Judge Swain's lien decision that a "pledge of revenues" doesn't make revbonds secured
Virginia
Alabama
Florida
Georgia
Iowa
Kansas
Montana
Nebraska
Ohio
Oklahoma
S Carolina
Texas
Utah
W Virginia
#muniland
https://t.co/8EzJ15jO6w
@MindsetDC Tried to explain in a fair way, a complicated topic that prompted considerable confusion and illustrates in my view, the need for a consensus roadmap to a stable equilibrium for GSE policy and finishing the task of reforming Fannie and Freddie after 15-years in conservatorships.
Ahead of today’s House Financial Services Committee hearing we are sharing insights on updates to Fannie Mae and Freddie Mac’s single-family pricing framework and a recent decision to retreat from surcharges on mortgages with higher debt-to-income ratios.
https://t.co/p3yubNdJYw
Enjoyed chatting with my esteemed co-panelists today at the Urban Institute's Conference: Reimagining Housing: Closing the Equity and Supply Gaps. @econjared, @djheakin, @LindseyUSMI, #InnovateHousing
Jeb Mason: We could end up in a place that freaks out both sides of the aisle because can’t release GSEs into the wild & hold status quo. Not clear they will stay focused on their historic missions. #InnovateHousing https://t.co/8Z9ZSR5SAn