Ed Royce: “I would caution that there will be a humanitarian blowback as well, and there will be humanitarian costs to those kinds…”

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…

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

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

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.