Insight & Thought Leadership on the Global Economy

One of our most insightful economists examines the extraordinary actions the Federal Reserve, the Treasury, and other authorities took to cope with the economic catastrophe that followed the financial crash of 2008. (Paying the Price) A readable, balanced account of what they did, why they did it, and how well it worked out—so far. — Alice M. Rivlin, the Brookings Institution, former Director of OMB and Vice Chair of the Fed

A Pragmatic Plan for Housing Finance Reform

Mark Zandi joins coauthors  Ellen Seidman, a senior fellow at the Urban Institute and former director of Treasury’s Office of Thrift Supervision; Phillip Swagel, a senior fellow at the Milken Institute and a former assistant treasury secretary for economic policy; and Sarah Rosen Wartell, president of the Urban Institute and a former deputy director of the White House’s National Economic Council to propose a pragmatic reform of the housing finance system.

“A Pragmatic Plan for Housing Finance Reform” addresses five goals: ensuring system stability and liquidity; ensuring access and equity for borrowers; strengthening affordable housing; limiting the government’s role and risk; and establishing private-sector incentives, competition, and innovation.

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