Fannie Mae’s chief executive on Thursday said the housing market was easing and urged Congress to keep a mortgage interest deduction in the U.S. tax code, calling it unwise to fiddle with affordability.
“We need to maintain the other ways the tax code helps families afford housing and build communities, such as low-income housing tax credits,” Chief Executive Daniel Mudd told a National Association of Home Builders event in Florida.
For this complete story, please visit Fannie CEO Warns Against Mortgage Deduction Change.
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