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Reform Elusive in 2014

The complexity of reforming the secondary mortgage market, combined with its risk and Congress' inability to compromise, are the three reasons industry lobbyists and housing experts don't expect its completion in 2014.

By David Morrison | Updated on February 26, 2014

The complexity of reforming the secondary mortgage market, combined with its risk and Congress’ inability to compromise, are the three reasons industry lobbyists and housing experts don’t expect its completion in 2014.

In the wake of President Barack Obama’s re-election in 2012, some housing finance experts and credit union lobbyists had believed Congress might have completed a market reform package before the mid-term elections later this year.

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