Comment on Capitol Report: Fed’s Quarles: Government backstop ‘probably not’ essential to keep 30-year fixed-rate mortgages alive

Capitol Report: Fed’s Quarles: Government backstop ‘probably not’ essential to keep 30-year fixed-rate mortgages alive

The 30-year fixed-rate mortgage could probably survive without a government guarantee, a senior Federal Reserve official said as Congress contemplates yet another round of housing finance reform.

 

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