Ed Royce: “As former Chairman of the Federal Reserve Alan Greenspan said, their failure, Fannie and Freddie, is because they paid…”

But I will ask both of you, we have got to engage with countries across Africa even the most challenging countries.

There have been numerous reports of senior executives at the GSEs meeting with Federal policymakers to advocate for being taken out of conservatorship.

I would like to caution against making a bad situation worse.

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.