They’re called hacks – clever solutions to tricky problems. Here are the top 5 money hacks for 2012.
Pages
Finance Videos
More Finance

On June 28, the Senate Committee on Banking, Housing and Urban Affairs conducted a hearing entitled “Housing Finance Reform: Access to the Secondary Market for Small Financial Institutions.” During the hearing, Peter Skillern, Executive Director of the Community Reinvestment Association of North Carolina, cited the North Carolina Housing Finance Agency as an example of what could be done on a larger scale to ensure continued market access for families in need of affordable housing.
On June 28, the Senate Committee on Banking, Housing and Urban Affairs conducted a hearing entitled “Housing Finance Reform: Access to the Secondary Market for Small Financial Institutions.” During the hearing, Senator Jack Reed (D-RI) and Jack Hartings, President and CEO of The Peoples Bank Company, testifying on behalf of the Independent Community Bankers of America, discussed the Qualified Residential Mortgage definition and proposed downpayment requirements.
On July 12, the Housing Finance Subcommittee Capital Markets and Government-Sponsored Enterprises marked up and passed six bills that would increase the oversight of and impose limitations on government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac. During the markup, John Campbell (R-CA), Scott Garrett (R-NJ), and Spencer Bachus (R-AL) discussed the possibility of the Committee taking up a comprehensive housing finance reform measure in the future.