This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

RiskSpan Supports Direction Of BPC Housing Commission Report

WASHINGTON, Feb. 25, 2013 /PRNewswire/ -- Attending the Bipartisan Policy Center's unveiling of Housing America's Future, New Directions for National Policy, RiskSpan Managing Director Allen H. Jones called the event and report an important step in the national public policy debate on the future role of government in housing.

The Bipartisan Policy Center (BPC) Housing Commission presented recommendations after a 16-month process of roundtable discussions and regional housing forums. The BPC Housing Commission members include former HUD Secretaries Martinez and Cisneros and former Ginnie Mae Presidents Robert Couch and Ronald Rosenfeld.  A central theme conveyed in the commission's report is the reduction of the government's role in housing finance to that of a catastrophic backstop.  The report is intended to re-establish the prominence of the national housing policy debate as the housing markets begin to heal from the great recession.

Congressman Randy Neugebauer (TX-19), Chairman of the House Financial Services subcommittee on Housing and Insurance, commented on the announcement by stating:

"It is vitally important that Congress work in a bipartisan fashion to reduce the federal footprint in housing finance by creating space for private capital.  The Bipartisan Policy Council's Housing Commission has put forth some serious initiatives and I appreciate their work. I look forward to discussing these reforms as my subcommittee seeks to create a sustainable housing finance system."

As the housing markets show definitive signs of recovery, the unveiling of the Commission's report is timely.  The BPC recognizes that a healthy, stable housing market is essential for a strong economy and a competitive America.

RiskSpan's Jones found the BPC event and discussion integral to the ongoing debate regarding the long term housing recovery.  Jones said: "The efforts of the Housing Commission are to be commended. It is critical to ensure that taxpayers are not exposed to unnecessary risk and therefore we support the findings of the commission as it relates to reducing the government's role in single family housing finance."

As the industry moves forward in the debate of the government's role in housing, RiskSpan will continue to support efforts to create transparency in the mortgage markets and provide insight and analysis on critical issues of housing finance.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.74 -1.15%
FB $117.58 0.73%
GOOG $693.01 0.29%
TSLA $240.76 -2.81%
YHOO $36.60 0.03%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs