Mortgage Market Reform

The debate in Congress is focused on how to safely and soundly remove unprecedented levels of government support from the mortgage market in order to bring in more private money. In 2010, the government backed 94% of all mortgages! There appears to be fairly broad support for reducing the role of Fannie Mae, Freddie Mac and the FHA through lower loan limits, higher fees and the auctioning of their portfolios; however, finding consensus on what should replace the current system is proving elusive.


About sikoralaw

Sikora Law has operations in Michigan and Ohio. With a network of attorney relationships in multiple states, we combine the friendly familiarity of a small firm with the institutional knowledge and capabilities generally only found at a large firm. Sikora Law has the resources to deal with your situation with the right lawyer – or the right team of lawyers – and provide reliable, comprehensive, and responsive legal representation . We combine experience, creativity, and technology to efficiently and effectively protect our clients' interests and meet their goals.
This entry was posted in Mortgage Industry, Real Estate Market, Recent Case Law and tagged , , , , , , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s