In the name of working toward a bipartisan solution for reshaping the secondary mortgage market, House Financial Services Committee Chairman Jeb Hensarling (R-Texas) noted his willingness to make concessions on some of his long-held stances regarding the government’s involvement in the housing system during a recent speech.
Among his principles for housing reform, Hensarling asserted that to protect taxpayers, the government has to institute measures geared toward building capital, establishing a fair playing field and guarding against issues associated with high-risk mortgages.
Find out more about Hensarling’s proposals for the future of the housing industry.