Treasury’s Mortgage-Regulatory Reform Agenda
In this report, we analyze issues in the new Treasury reform report with specific impact on residential-mortgage finance. The report of course does not spell out a GSE-specific policy – that is to come. It is, though, informative not only about changes to all of the bank rules with significant mortgage impact, but also Treasury’s overall thinking about what needs to be fixed in mortgage finance. In short, it’s capital that is the key to credit availability.