On February 16, the House Financial Services Subcommittee on Insurance Housing & Community Opportunity held a hearing on "Are There Government Barriers to the Housing Market Recovery?" In his opening statement Michael Farrell, Chairman Chief Executive Officer and President of Annaly Capital Management Inc., spoke about four reasons for the current lack of private capital and investment in the housing market.
For more details about the hearing, see NCSHA's summary at http://www.ncsha.org/blog/house-financial-services-subcommittee-holds-hearing...
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