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March 5, 2014

GOP to Watt: Don’t Even Think About Having the GSEs Contribute to Any Housing Trust Funds

By Charles Wisniowski

GOP senators recently dispatched a letter to FHFA Director Mel Watt, countering a plea signed by 33 Democrats in January calling on the agency director to immediately authorize GSE funding to the National Housing Trust Fund and the Capital Magnet Fund.

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After the November elections, how long will it take for a new Congress and White House to pass GSE reform legislation?

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