Industry NewsMarkets & Economy

4 ways to fix housing finance

Future-Proof: Navigate Threats, Seize Opportunities at ICNY 2018 | Jan 22-26 at the Marriott Marquis, Times Square, New York

See related articles: How to fix housing policy What role should government play? The Obama administration is gathering public opinion on how to improve the housing finance system, including the operations of Fannie Mae and Freddie Mac and the federal government's role in the system. The Treasury Department released questions last week seeking comment from the public, and Inman News asked real estate professionals to weigh in on some of these questions. Responses to one of those questions follows, and other questions will be addressed in subsequent articles. How should the current organization of the housing finance system be improved? Steve Wiley Broker-owner Smarter Choice Real Estate Lincoln, Neb. Knee-jerk fiscal policy and government loan support must stop. Tax-credit incentives should run longer and should have a gradual phaseout. Turning them on and off like a water tap and expecting the same result ...