The National Community Reinvestment Coalition released a new white paper, outlining the group's recommended plans for creating a secondary mortgage market. The group's goal is to ensure working Americans have access to credit in the future.
The paper, “A Guarantee for a Guarantee: Two Proposals to Ensure that the Future Secondary Mortgage Market Serves All Creditworthy Borrowers,” offers two separate proposals for reforming Fannie Mae and Freddie Mac.