MReport November 2018

TheMReport — News and strategies for the evolving mortgage marketplace.

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64 | TH E M R EP O RT Politics in Housing This month we take a look at how some of the nation's key political hot topics are impacting the housing market. "crazy" President Trump's reaction to the Fed raising interest rates in October. "There is something amiss at FHFA ..." Financial Services Committee Chairman Jeb Hensarling criticizing the FHFA for failing to control excessive spending by the GSEs. "We must end, once and for all, the scheme that is nothing more than a free insurance policy..." Sen. Bernie Sanders (I-Vermont) upon introducing legislation aimed to address banks that are "too big to fail." "Likely" Former HUD Secretary Julián Castro told the Associated Press that he expects to run for President in 2020. "serious red flags" Bloomberg opinion writer Lakshman Achuthan on the housing market impacting the rest of the economy. FINAL THOUGHTS

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