Ed Royce: “If we use the leverage we have now to get back to the agreements that will at least halt that spread, I don't think that…”

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

I plan to introduce legislation with two objectives: The first, to explicitly prohibit Fannie and Freddie from engaging in lobbying activities while in conservatorship.

In the decade leading up to the financial crisis of 2008, Fannie Mae and Freddie Mac spent nearly $200 million on lobbying activities and campaign contributions.