Vince Malta Written Testimony to House Financial Services Committee Hearing on Housing Finance System Reform
Issue Date: December 21, 2018
115th Congress
House Committee on Financial Services
On December 21, 2018 Vince Malta presented testimony before the House Financial Services Committee regarding the hearing entitled "A Legislative Proposal to Provide for a Sustainable Housing Finance System: The Bipartisan Housing Finance Reform Act of 2018." REALTORS believe that while the housing market has generally improved since the financial crisis, there remains a need for policymakers to address challenges that may arise in another economic downturn. NAR urges lawmakers to pass comprehensive housing finance reform. Thoughtful reform of the secondary mortgage market will not only safeguard the interests of taxpayers, but also ensure for a deep and affordable mortgage market for all creditworthy Americans.