House Carnage Spurs Plea for Rescue

Politico, Nov. 4, 2022–Katy O’Donnell
Lobbyists are scrambling to get help from Washington to goose the housing market as demand tanks in response to rising interest rates and high prices. The mortgage lender group is also pushing FHA to raise loan limits for multifamily housing. But lobbyists acknowledge that the regulatory changes they seek are hardly a cure-all for the housing market’s woes. “These are base hits,” said Mortgage Bankers Association Senior Vice President Mike Flood. “But after a while a few base hits gets you a few runs on the board.”
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