In addition, the additional incentives for second lien subordination in the Menendez-Boxer draft would speed refinancings.
Allow millions of Americans to refinance their GSE mortgages at low current rates.
The Menendez-Boxer discussion draft does exactly this, and we endorse it.
the discussion draft from myself and Senator Boxer is in the best interest of the GSEs
I think that is a great idea.
I have a real concern. Years ago, in this Committee, before we had the housing foreclosure crisis, we had members of the previous Administra...
the existing system benefits the largest servicers, it benefits investors, and it harms homeowners and taxpayers
Removing barriers to refinancing will help the effectiveness of monetary policy, allowing the Federal Reserve to more quickly reduce its eff...
It is important to remember that there was widespread steering during this housing bubble of overpriced credit to African American and Hispa...
Thank you very much. Thank you all for your testimony.
I take no joy out of what you describe as punching, using Mr. DeMarco as a punching bag.