10/03/2017
https://www.congress.gov...
"The Corker-Warner bill contemplates a transition period of no more than 5 years following its enactment."
"I commend Senators Corker and Warner for having put together a coalition around a bill that has all of these elements in it."
"My caution is about having a mechanical line down of the two entities that are providing almost all credit formation in the conforming market today."
"I would point out that in the wild and wooly final days of Dodd-Frank, there were efforts to, on the floor of the Senate, to unwind the GSEs with no transition on a 2-year basis and completely zero th..."