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Reforming Fannie Mae and Freddie Mac

July 16, 2009

Dr. Richard Green, Director of the USC Lusk Center for Real Estate, is interviewed at the Federal Reserve Bank of Cleveland's 2009 Policy Summit

On June 10th, a group of nationally renowned housing policy and community development experts gathered at the Federal Reserve Bank of Cleveland's 2009 Policy Summit to advance ideas on how to help the nation address the housing market collapse and stabilize communities in the wake of the economic crisis.

The day was marked by lively debate over topics as varied as whether the country should promote home ownership as much as it has in the past, whether the Community Reinvestment Act should be expanded to include more organizations or become more limited in scope, and whether there should be more or less government involvement in returning the housing industry to health.

Following are excerpts of an interview with Dr. Richard Green.

(Editor's note: The preceding video is provided courtesy of a third party source. The USC Lusk Center does not endorse any advertising that may appear in the video. The following link to the source video may only be available for a few days following the publication of this article, or it may only be available for a fee. Please contact the source publication for more information about retrieving the full text of this article.)