Mark Calabria – Director of Financial Regulation Studies, Cato Institute
“Mortgage Reform Under Dodd-Frank: Cosmetic or Constructive?”
Mark A. Calabria, Ph.D. is Director of Financial Regulation Studies at the Cato Institute. Before joining Cato in 2009, Dr. Calabria spent seven years as a member of the senior professional staff of the U.S. Senate Committee on Banking, Housing and Urban Affairs. In that position, he handled issues related to monetary policy, housing, mortgage finance, economics, banking and insurance for Senator Richard Shelby (R-AL). During his service on Capitol Hill, Calabria drafted significant portions of the Housing and Economic Recovery Act of 2008, which established a new regulatory regime for the government sponsored enterprises (Fannie Mae and Freddie Mac).
Dr. Calabria will discuss residential finance, which is generally agreed to have played a prominent role in the recent financial crisis. The Dodd-Frank Act contains a variety of provisions aimed at reforming the mortgage market. Foremost among these are the Qualified Mortgage (QM) and Qualified Residential (QRM) standards. How have these standards evolved in the regulatory process and what will be their likely impact on the residential mortgage market?
The lunch is 12:00 noon to 1:30pm at Chinatown Garden, 618 H St NW Washington, DC. Metro stop: Gallery Place. The cost is $16 Members, $16 Affiliated, $25 Non Members . This luncheon is a joint event with the NEC.
To register for the lunch with Mark Calabria on Thursday, Septemeber 18th, 2014, please go to The National Economists Club and use the code “AFFILIATED”.