Rep. Waters: House Dems On Track to Draft Alternative GSE Reform
November 8, 2013
The top Democrat on the House Financial Services Committee said that she and other members on the panel are drafting an alternative approach to improve upon the existing housing-finance reform proposals currently circulating in both chambers of Congress. Rep. Maxine Waters, D-CA, noted during a speech at a Bipartisan Policy Center Housing Commission Policy Forum this week that the proposal in progress would encompass the set of principles House Democrats issued in July with a particular emphasis on preserving an affordable 30-year, fixed rate mortgage.