Podcast: Baby Steps – An Update on Housing Finance Reform

The U.S. housing market is a critical piece of the general economy. It represents one-fifth of U.S. GDP and 35% of all private, non-financial debt in the country.

The U.S. Treasury Department just announced that Fannie and Freddie will retain their earnings, a step in moving the companies out of conservatorship and back into the private sector. In this podcast, SIFMA president and CEO, Kenneth E. Bentsen, Jr. is joined by Chris Killian – Managing Director and head of SIFMA’s securitization practice. Together, they explain how that one small move fits into the Administration’s overall goals for housing finance reform.

Kenneth E. Bentsen, Jr. is president and CEO of SIFMA, the voice of the nation’s securities industry. He is also CEO of the Global Financial Markets Association (GFMA), of which SIFMA is the U.S. regional member.