Fed’s Powell: Now Is ‘Last Best Chance’ for Housing Finance Reform

With the housing market having recovered and memories of the financial crisis growing distant, Federal Reserve Governor Jerome Powell said today that “the next few years may present our last best chance to finish” critical reforms of housing finance, particularly regarding the secondary market and the role of housing GSEs Fannie Mae and Freddie Mac.

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ABA Wins Extension on Limited English Proficiency RFI

The Federal Housing Finance Agency extended the comment period on its request for information on how to improve service to borrowers with limited English proficiency, after advocacy by the American Bankers Association and other financial trade associations.

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