On the recordDecember 11, 2012
Recognizing that Dodd-Frank is a massive law that was passed with the best of intentions...
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congress.govRecognizing that Dodd-Frank is a massive law that was passed with the best of intentions...
Acknowledging the challenges of implementing Dodd-Frank in the financial services industry.
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The United States has become an increasingly hostile environment for investment relative to other developed nations.
The figures we are dealing with are stunning because, to date, the GSEs have consumed approximately $150 billion from our taxpayers.
It certainly sounds as though, fundamentally, what we are talking about is essentially rationalizing the mortgage marketplace to make it appealing for private investors, to make it a common-sense decision to do that.