SIFMA Testimony on Examining Regulatory Impediments to Private Investment Capital (with Lofchie Comment)

SIFMA released a statement regarding impediments to the return of private capital funding mortgage credit submitted at the Financial Services Committee's April 24th hearing.

Lofchie Comment: The gist of the statement was that government policy will be largely determinative of the structure of the mortgage market, but that no one knows what that policy is.

See: Submission for the Record (April 24, 2013).See also: Hearing entitled "Building a Sustainable Housing Finance System: Examining Regulatory Impediments to Private Investment Capital".