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Home » Mortgage Groups Diverge on Topic of GSE Reform
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Mortgage Groups Diverge on Topic of GSE Reform

July 20, 2005
A group of independent lenders voiced their support for Fannie Mae and Freddie Mac last week, urging Congress to abstain from enacting reform measures that would restrict GSE operations in the mortgage market. “Independent mortgage bankers are concerned that GSE oversight reform legislation is devolving into a battle over ‘level playing fields’ that could put at risk a housing finance market in which competition is already vibrant and intense,” said Scott Stern, CEO of the…
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