Volume 14 - Number 3
February 7, 2014
Shareholders, Affordable Housing Demands Hold Up GSE Reform
Despite new public pronouncements by lawmakers and administration officials that housing finance reform remains a top priority, industry observers warn there is little chance of legislation clearing Congress, ensuring a status quo that leaves the uber-profitable Fannie Mae and Freddie Mac in place and pumping money into the Treasury. Senate Banking, Housing and Urban Affairs Committee Chairman Tim Johnson, D-SD, and Ranking Member Mike Crapo, R-ID, broke a long public silence by reiterating their intention to push bipartisan housing finance reform in a statement on Wednesday.
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