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September 12, 2014

Ranieri, Goodman Laud FHFA’s Plan for ‘Single Security,’ But Urge Agency to Arrive at the Goal Sooner

By Charles Wisniowski

Ranieri and Goodman are worried that the creation of a single GSE security could morph into a drawn out and multi-year process.

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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?

I’m confident a bill will be passed the first year.


2 to 3 years. GSE reform is complicated.


Sadly it won’t happen in a Clinton or Trump first term.


Not in my lifetime.


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