United States : Selected Issues.

This Selected Issues paper analyzes the current state of housing finance in the United States. Although a number of important steps have been taken to address the structural weaknesses exposed by the crisis in mortgage markets, comprehensive housing finance reform remains the largest piece of unfini...

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Detalles Bibliográficos
Autor Corporativo: International Monetary Fund. Western Hemisphere Dept
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 2015.
Colección:IMF Staff Country Reports; Country Report ; No. 2015/169
Acceso en línea:Full text available on IMF
Descripción
Sumario:This Selected Issues paper analyzes the current state of housing finance in the United States. Although a number of important steps have been taken to address the structural weaknesses exposed by the crisis in mortgage markets, comprehensive housing finance reform remains the largest piece of unfinished business. Mortgage markets, even eight years after the start of the crisis, continue to function with extensive government support. Reform of the government-sponsored enterprises, which remain in conservatorship, has stalled-generating uncertainty and complicating other policy initiatives. However, there has been progress in building other components for a well-functioning housing finance system.
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Descripción Física:1 online resource (16 pages)
Formato:Mode of access: Internet
ISSN:1934-7685
Acceso:Electronic access restricted to authorized BRAC University faculty, staff and students