August 7, 2013
Restoring security to homeownership is one of President Obama's top economic priorities. In Phoenix, he laid out his ideas to strengthen the housing market and ensure responsible middle class families have access to affordable mortgages and refinancing. But he made it clear that we can't go back to the same bubble-and-burst housing system that caused the financial crisis. We need a rock-solid foundation for financing homeownership with a bigger role for the private sector, where taxpayers aren't on the hook for the irresponsible behavior or bad decisions of financial institutions.