Ed Royce: “Housing finance reform remains the great undone work of the financial crisis. And a nationalized mortgage market…”

I hope this Administration and this Congress have learned something from this failed duopoly and do the hard work necessary to reform our housing finance system.

I would like to thank Mr. Engel of New York for his friendship for over 20 years on the committee, but also for his shared leadership over the last 6 years on this committee. I would also like to thank him for his commitment over the years…

The power and influence they wielded had few peers.

I share the judge's sense of urgency on this and I think that is why we need fully funded programs.