MBA Expects No Senate Action On Major Mortgage Legislation
May 29, 2007
While the House recently passed legislation to reform the government-sponsored enterprises, the Mortgage Bankers Association’s top lobbyist does not expect the Senate to act on the bill, or any mortgage-related legislation, for at least a year. At a press...
The new FHFA director’s whirlwind first week resulted in widespread staffing cuts at the regulator and a dramatic change in leadership at the GSEs. So far, criticism has been muted.
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