Sen. Crapo Optimistic On Reform, Supports Administrative Action
April 27, 2018
Sen. Mike Crapo, R-ID, chair of the Senate Committee on Banking, Housing and Urban Affairs, isn’t giving up on housing-finance reform in 2018, even though many industry observers already have. He said it’s still a “high priority,” while speaking at the Mortgage Bankers Association’s National Advocacy conference in Washington this week. Crapo disagreed with comments made earlier in the day by Housing and Urban Development Deputy Secretary Pam Patenaude, who said there aren’t enough legislative days left to do GSE reform this go around. And he was adamant in saying he’s not ruling out the possibility of reform happening in this Congress.