Clifford Rossi

How to Bring Our Zombie Housing-Finance System Back to Life

Since 2008 the United States has had a zombie mortgage-financing system, former bank executive Cliff Rossi writes today in a guest column for The Hill. “That year, in the wake of the collapse of the housing market, the government placed Fannie Mae and Freddie Mac, which underwrite the mortgages of many Americans, into conservatorship — a form of nationalization,” writes Rossi, Executive-in-Residence and Professor of the Practice at the University of Maryland’s Robert H. Smith School of Business. Read the full article…

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