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NYU Stern Research Centers Co-host Housing-finance Reform Roundtable

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On May 30, NYU Stern’s Center for Real Estate Finance Research and Salomon Center for the Study of Financial Institutions and the NYU Pollack Center for Law & Business co-hosted a housing-finance reform roundtable with The Clearing House and Mayer Brown LLP. The roundtable, titled, “The Challenge of Introducing Private Capital into the Housing-Finance Marketplace,” focused on the future of residential mortgage finance. Keynote speaker Michael Stegman, counselor for housing finance policy for the US Treasury, discussed the department’s efforts to help homeowners stay in their homes, address capital shortfalls and create a more sustainable housing finance system, and reviewed three reform options outlined in a whitepaper released by the US Treasury and HUD last year. NYU Stern Professors Matthew Richardson and Lawrence White also delivered mortgage finance reform proposals at the roundtable, while Professor Stijn Van Nieuwerburgh introduced the conference topic.