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Volume 14 - Number 15

July 25, 2014

Sources: White House Still Working On Advancing GSE Reform This Year

The White House isn’t quite ready to pack it in on housing finance reform legislation this year, at least in the Senate, even as policymakers look ahead to take up the issue anew next year, say industry observers. The industry at large has all but written off the prospects of advancing a GSE reform bill in the 113th Congress following the bare minimum passage out of the Senate Banking, Housing and Urban Affairs Committee of S. 1217 by the committee’s chairman and ranking member Sens. Tim Johnson, D-SD, and Mike Crapo, R-ID.

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Poll

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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