Commission on Growth and Development completed its activities in June 2010. The Commission's achievements during  2006-2010 can be viewed here.This blog is archived and no longer open for comments. If you have any questions, please contact contactinfo[at]growthcommission.org

 

Welcome to the Growth Blog

The Growth Blog is a forum for you - the policy maker, the academic, the student, and the interested citizen of the world - to agree, disagree, or simply to engage current practitioners on policies and issues critical to development. This platform was inspired by the series of meetings that the Commission on Growth and Development held around the world over the course of the last two years. Of the many lessons that emerged in the deliberations, the one that stands out is that inclusive growth requires inclusive thinking, and inclusive discussion.

 

Freddie Mac

The Administration’s Homeowner Affordability and Stability Plan: Some Questions

Submitted by Dwight Jaffee on Mon, 02/23/2009 - 18:29.

  

Introduction
 
The Administration’s new plan for stabilizing the mortgage and housing markets consists of three basic components:
1)   To encourage loan modifications for mortgages on the brink of foreclosure.
2)   To expand the mortgage refinancing option for loans that are not otherwise eligible.
3)   To lower mortgage interest rates through increase purchases by Fannie Mae and  Freddie Mac (hereafter F&F).
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