August 18, 2016
- Senior Fellow in Residence Ed DeMarco and Center for Financial Markets Director Michael Bright have released the first in a four-part series of papers designed to help policymakers end the conservatorship of Fannie Mae and Freddie Mac and put our housing finance system on a path that ensures stability. This first paper briefly recaps how the system failed and reminds the reader why reform is necessary.
- The Joint Center for Housing Studies, published a report, Are Renters and Homeowners in Rural Areas Cost-Burdened?, which found that housing cost burden rates in some rural counties are significant. The study also learned that rural counties of the Northeast and west, that are adjacent to high-cost metros, have even higher cost burden rates than those in parts of the Midwest.