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November 19, 2014

Senate Banking Chair Urges Watt and Treasury to End GSE Conservatorships

By Paul Muolo

The two GSEs have been in conservatorship for six-plus years now, with no legislative solution to their future in sight.

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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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