Housing reform is still too hot to handle for members of Congress getting ready to ramp up their campaigns for re-election. The issue has also seemed to lose some steam as Fannie Mae and Freddie Mac started churning out profits for the federal government due to an improved housing market and money from legal settlements with bankers. Though many would say that the crisis has now passed, this is precisely the time to get serious about a reform effort. To accomplish true reform, we must take into consideration something that has been conspicuously absent from the debate: the future of the Federal Home Loan Bank system.
All Financial Planning articles are archived after 7 days. REGISTER NOW for unlimited access to all recently archived articles, as well as thousands of searchable stories. Registered Members also gain access to exclusive industry white paper downloads, web seminars, blog discussions, the iPad App, CE Exams, and conference discounts. Qualified members may also choose to receive our free monthly magazine and any of our daily or weekly e-newsletters covering the latest breaking news, opinions from industry leaders, developing trends and growth strategies.