President Trump this week directed the Treasury Department, the Department of Housing and Urban Development and other federal agencies to come up with a housing-finance reform plan that includes the government-sponsored enterprises, FHA and Ginnie Mae.

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The Trump administration’s 2020 budget seeks $44.1 billion for the Department of Housing and Urban Development and $400 billion in new loan commitments for FHA.

Ginnie Mae has not yet decided a date for its 2019 annual summit but it may be “soon,” said an agency spokesman.

An outline for housing finance reform released late this week by Senate Banking Committee Chair Mike Crapo, R-ID, looks a lot like the last gasp reform proposal released in 2018 by Rep. Jeb Hensarling, R-TX, the now retired chair of the House Financial Services Committee. Among other things, the proposal puts Ginnie Mae firmly in control of the government guarantee business.

Ginnie Mae has reached the halfway mark of President Trump’s first term without a permanent leader and appears likely to remain so until after the 2020 presidential election.