Former FHFA Chief: Signs of Hope Bloom

November 2009
Mortgage Servicing News;Nov2009, Vol. 13 Issue 10, p9
The article presents the perspective of James Lockhart, former director of the Federal Housing Finance Agency, concerning the condition of the housing market in the U.S. He notes that potential homebuyers are still waiting for the right time for them to decide when to buy a property. Lockhart adds that they are willing to buy, but fear that the value will fall by 10% after purchasing. He predicted that the success of the sector lies on the success of two government-mandated mortgage program.


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