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NHC in the News - June 2011

NHC Policy Summit on Mortgage Finance Reform, annual Housing Person of the Year Gala get ink

June 29, 2011

 Last week's Annual Housing Person of the Year Gala saw praise for our honorees in their hometown papers. Sister Lillian Murphy of Mercy Housing was acknowledged for her award in the Denver Post, while Professor Nicolas Retsinas of Harvard Business School was covered in the Boston Globe.

But it was the Policy Summit that really stole the show. First, Rep. Gary Miller of California's 42nd District made national news announcing that he would buck his party by introducing a new mortgage finance reform bill that preserved Fannie Mae and Freddie Mac. Then, Jeffrey Goldstein, Treasury's undersecretary for domestic finance, told the group gathered at the Columbus Club in Washington Friday that regulators were "seriously considering" concerns from NHC and other housing and industry groups about restrictive language on qualified residential mortgages in new proposed risk retention rules.

With questions on the above stories or to arrange an interview with a member of NHC's policy team on the developments at the Policy Summit, contact NHC VP for Marketing and Communications Cynthia Adcock at cadcock@nhc.org or at (202) 466-2121 ext. 226.