While accounts of the 2008 Financial Crisis differ across the political spectrum, almost all accounts contain some role for our mortgage finance system. Although efforts were made in the Dodd-Frank Act to improve mortgage standards, these requirements were modest at best and ignored the vast guarantees and moral hazard behind our current system. Join our panel to discuss the history of our current mortgage finance system and what must be done to avoid future crises.
Housing Finance Reform: Past, Present, and Future
Featuring Kevin Villani, University of San Diego; and Mark Calabria, Director, Financial Regulation Studies, Cato Institute; moderated by John Maniscalco, Director, Congressional Affairs, Cato Institute.