I also want to echo and appreciate Senator Crapo's comments about the challenges of the status quo and the very real threat.
I believe this is our ninth hearing this fall, and while there is a lot of other activities going on in the body that are showing, perhaps, ...
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 marke...
If we screw this transition up, we are talking about catastrophic damage to a very fragile housing sector and the broader economy.
If we are successful in these objectives but unsuccessful in redirecting finance to rental housing, millions of working class households wil...
I believe that Corker-Warner provides a good framework for long-term housing finance reform.
the Government must end its ongoing backstop of Fannie Mae and Freddie Mac solvency and conservatorship.
Finding the right solution is more important than getting a quick solution.
I do, however, believe there are ways in which the structure proposed in that legislation, especially the regulatory structure, could be imp...