Taking the Government out of Housing Finance
Principles for Reforming the Housing Finance Market

Online registration for this event is closed. Walk-in registrations will be accepted.

This event will be livestreamed online at http://www.visualwebcaster.com/event.asp?id=77761


The white paper unveiled at this event is a follow-up to the Obama administration's February 11, 2011, report to Congress entitled "Reforming America's Housing Finance Market." In the report, the administration adopted some of the key points set out by AEI housing finance experts Peter J. Wallison, Alex J. Pollock, and Edward Pinto in their January 20 preliminary paper "Taking the Government out of Housing Finance: Principles for Reforming the Housing Finance Market."

The administration's paper broke new ground by including a private mortgage market as one of the three options for structuring the housing finance market in the future--a pivotal action, and a first for a Democratic administration. Whether most housing in the United States should be financed in a private market without a government guarantee is now open for consideration. In its paper, the administration raised reasonable concerns about this option. In this briefing, Wallison, Pollock, and Pinto will address these concerns and show how to produce a robust, stable private system for originating and financing mortgages, while protecting American taxpayers.

"Taking the Government out of Housing Finance: Principles for Reforming the Housing Finance Market" is designed to provide common ground around which a bipartisan agreement may be forged. Join us for the first presentation of this document and a chance to ask questions and participate in a general discussion.
Also Visit
AEIdeas Blog The American Magazine
About the Author

 

Peter J.
Wallison

 

Alex J.
Pollock
  • Alex Pollock joined AEI in 2004 after thirty-five years in banking. He was president and chief executive officer of the Federal Home Loan Bank of Chicago from 1991 to 2004. He is the author of numerous articles on financial systems and the organizer of the “Deflating Bubble” series of AEI conferences. In 2007, he developed a one-page mortgage form to help borrowers understand their mortgage obligations. At AEI, he focuses on financial policy issues, including housing finance, government-sponsored enterprises, retirement finance, corporate governance, accounting standards, and the banking system. He is the lead director of CME Group, a director of Great Lakes Higher Education Corporation and the International Union for Housing Finance, and chairman of the board of the Great Books Foundation.

    CLICK HERE TO DOWNLOAD ALEX POLLOCK'S ONE-PAGE MORTGAGE FORM
  • Phone: 2028627190
    Email: apollock@aei.org
  • Assistant Info

    Name: Emily Rapp
    Phone: (202) 419-5212
    Email: emily.rapp@aei.org

 

Edward J.
Pinto
  • An executive vice president and chief credit officer for Fannie Mae until the late 1980s, Edward Pinto has done groundbreaking research on the role of government housing policies in the lead-up to the financial crisis. In particular, his data have revealed striking facts about the contributions of housing policy to the mortgage crisis. Two of his major research papers have been submitted to the Financial Crisis Inquiry Commission: "Government Housing Policies in the Lead-up to the Financial Crisis: A Forensic Study" and "Triggers of the Financial Crisis." At AEI Mr. Pinto is continuing his work on the role of housing policies in the financial crisis and researching policy considerations and options for rebuilding our housing-finance sector.
  • Phone: 240-423-2848
    Email: edward.pinto@aei.org
  • Assistant Info

    Name: Emily Rapp
    Phone: 202-419-5212
    Email: emily.rapp@aei.org

What's new on AEI

image How to stop Assad's slaughter
image FHA Watch, May 2013 (Vol. 2, No. 5)
image Apple becomes latest target of the Beltway shakedown
image Lack of adult supervision in the Obama administration
AEI on Facebook
Events Calendar
  • 20
    MON
  • 21
    TUE
  • 22
    WED
  • 23
    THU
  • 24
    FRI
Tuesday, May 21, 2013 | 5:00 p.m. – 6:30 p.m.
Free beer: Liberating libations from ‘Bootleggers and Baptists’

Join us for a discussion of the history and future of federal and state alcohol regulation and competition, followed by a reception with beer, wine, and spirits.

Wednesday, May 22, 2013 | 5:00 p.m. – 6:30 p.m.
NCLB sanctions: Tests taken, lessons learned

Join education scholars and practitioners for a discussion about the latest NCLB research and its implications for future education policy.

Thursday, May 23, 2013 | 12:00 p.m. – 1:30 p.m.
Competing visions of the common good: Rethinking help for the poor

What shared commitments do we have as citizens and neighbors to care for one another? How can a proper ordering of America’s political economy enable the most people to have the best life? At this event, Rep. Frank Wolf (R-VA), a longtime champion of human rights causes, and AEI President Arthur Brooks will join Wallis in addressing these and other questions.

Event Registration is Closed
No events scheduled this day.
No events scheduled this day.
No events scheduled today.
No events scheduled this day.
No events scheduled this day.