Wheels Turn Slowly on GSE Reform, But Senate Leaders Confirm Commitment to Finish Task
March 9, 2006
The years-long legislative effort to overhaul the government’s oversight of Fannie Mae, Freddie Mac and the Federal Home Loan Banks continues to inch along, as lawmakers recently showed some signs of pushing ahead on legislation that’s been stalled on two key issues. One of those is a proposed new affordable housing grant program that would be funded by Fannie Mae and Freddie Mac. With strong Democratic support, the proposed program was included in the House…