CFPB, consumer loans, financial regulation, mortgage finance mortgage, Fannie Mae

Last week was a significant one for housing finance policy, as the Consumer Financial Protection Bureau gathered input on how to reform the underwriting rules that mortgage lenders must follow. With $15 trillion of mortgage debt outstanding, this is a subject of great economic significance for the…

Fannie Mae, Freddie Mac, Housing, Government Bailout, Reform

Earlier this month, the Department of the Treasury released its long-awaited housing finance reform plan, which focused mainly on the two government-sponsored enterprises, Fannie Mae and Freddie Mac. The feds took both GSEs over in 2008, when rising defaults jeopardized their viability. The blueprint's release date was…

financial inclusion, financial technology, financial regulation, unbanked, underbanked

What is the proper policy framework for promoting financial inclusion in a free society? New financial tools are bringing more people into the modern financial world—changing how households save, borrow, pay for everyday needs, and invest in their futures. They're also creating new opportunities for unbanked and…