Ed Royce: “H.R. 4211, the Credit Score Competition Act, my other bill here, opens up the GSEs to alternative credit scoring models…”

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.

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

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

It has been an honor, Mr. Yoho, to work with you.