Wednesday, September 15, 2010

Obama Administration Announces Regional Conference on Housing Finance Reform in Charlotte

The Obama Administration has announced it will host a Regional
Conference on Housing Finance Reform in Charlotte on Thursday, October
7. The Regional Conference will provide additional opportunities for
public engagement on the future of our nation's housing finance system
as the Administration continues its work developing a comprehensive
housing finance reform proposal for delivery to Congress by January
2011.

"We are looking to stakeholders in Charlotte and other communities to
bring the best ideas to the table as we consider proposals for
reforming the housing finance system," said U.S. Department of Housing
and Urban Development (HUD) Assistant Secretary Raphael Bostic. "The
need for reform is clear and we want to continue engaging diverse
views as we chart a course to a more robust and stable housing market
that works for the American people."

"It is important that we continue to seek out new ideas and to debate
the key issues that will shape the future of our nation's housing
finance system," said Jeffrey A. Goldstein, Under Secretary of the
Treasury for Domestic Finance. "Continuing this dialogue in Charlotte
will help us ensure that the best ideas are on the table as we develop
proposals for reform."

The Administration will also host a Regional Conference in Cleveland
on Monday, September 27.

The Regional Conferences will bring together leading academic experts,
consumer and community organizations, industry groups, market
participants, and other stakeholders from across the country for an
open discussion about housing finance reform. Treasury and HUD senior
staff members will host the Regional Conferences and moderate
discussions on a broad range of topics relating to the future of
housing finance.

The Regional Conferences will build upon the Administration's ongoing
efforts to gather input on the future of housing finance reform from a
broad cross-section of stakeholders.

Last month, the Administration convened a Conference on the Future of
Housing Finance in Washington, DC. And then in April, Treasury and HUD
issued a set of questions for public comment on the future of the
housing finance system, which received more than 300 responses from a
broad cross-section of consumer groups, industry groups, market
participants, members of the public, think tanks, and other
stakeholders. These responses will help provide additional input and
perspective as the Obama Administration moves forward to develop its
comprehensive reform proposal. To view these responses to the
questions for public comment, please visit: here and here.)