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Volume 14 - Number 1

January 10, 2014

Panel: Time Running Out for GSE Reform Legislation in Senate

If a GSE reform bill doesn’t at least move out of committee – even better, clear a vote on the Senate floor this year – lawmakers and experts agreed this week that the window to cement a meaningful legislative solution to Fannie Mae and Freddie Mac is in danger of closing. Speaking at a Financial Services Roundtable Housing Policy Council forum on GSE reform, Sens. Bob Corker, R-TN, and Mark Warner, D-VA, said they would very much like to see a mark-up of their bill, the Housing Finance Reform and Taxpayer Protection Act, S. 1217, sooner rather than later.

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Should any GSE reform bill from Congress be based on the concept of preserving Fannie Mae and Mac and their existing operations?

GSE reform won’t happen in my life time.

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