Streams

Episode #106

Screech! Making a U-Turn on Housing Finance

« previous episode | next episode »

Friday, May 16, 2014

Mel Watt is the new director of the agency that oversees Fannie Mae and Freddie Mac, the government-run mortgage financing giants that guarantee about two-thirds of all U.S. home loans. At his first public speech this week, he reversed the policies of his predecessor: Instead of shrinking Fannie and Freddie, Watt wants the companies to continue playing a major role in the housing market, including policy changes that could make it easier to get a mortgage. This week on Money Talking, Joe Nocera of the New York Times and Cardiff Garcia of the Financial Times discuss what this means for the housing market, the economy and getting a mortgage.

Guests:

Cardiff Garcia

Hosted by:

Charlie Herman

Produced by:

Daniel P. Tucker

Contributors:

Joe Nocera

Leave a Comment

Email addresses are required but never displayed.

Get the WNYC Morning Brief in your inbox.
We'll send you our top 5 stories every day, plus breaking news and weather.