For investors, this may make it more difficult to obtain Fannie and Freddy type loans. The article does not detail what reform , but they focus on non performing loans. As long as you fund loans with low down payment there will always be risk (more default). I would like to see % of investor defaults since 20% is required.
I would also like see why Fannie mae has such difficult time with the self employed, i would bet the 20 year self employed individual has a much lower default rate than the mid level management type employee that is approved for low down payment loans on regular basis.
Treasury Secretary designate Steve Mnuchin on Thursday pledged again to make housing finance reform a top priority and seek a bipartisan solution to end the federal government’s control of Fannie Mae and Freddie Mac.