Jeb Hensarling’s PATH to Ending “Never Ending Cycle of Boom, Bust and Bailout”

“A never ending cycle of boom, bust, bailout.”  That’s been the American people’s experience of the housing finance system for too long, according to Rep. Jeb Hensarling (R-TX) 83% who spoke at the Heritage Action Conservative Policy Summit earlier this month.

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PATH Act and GSEs Q&A

Questions and Answers:

“Do we need a broad-based government guarantee in the U.S. housing market?”

No.  A government guarantee is not necessary to have a stable housing market.  Removing the broad government guarantee in the U.S. secondary mortgage market would likely result in a more stable housing finance system.

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