Volume 2014 - Number 9
April 25, 2014
Outlook Cloudy for GSE Reform as Markup Looms
It’s now or never for Congress to pass legislation to reform the government-sponsored enterprises, according to Shaun Donovan, secretary of the Department of Housing and Urban Development. Industry analysts predict that Congress is highly unlikely to finish work on GSE reform this year, extending uncertainty in the mortgage market. The Senate Committee on Banking, Housing, and Urban Affairs is scheduled to markup GSE reform legislation next week ...
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