Senate Passage of Omnibus Housing Bill Seems Likely Although Parliamentary Maneuver Stalls Movement
June 26, 2008
The Senate inched closer to wrapping up an historic housing bill that would expand the federal government’s role in the mortgage market. But an eleventh hour parliamentary maneuver stalled final passage of the Foreclosure Prevention Act of 2008 as we went to press on Thursday. The results of a compromise negotiated by Sens. Chris Dodd, D-CT, and Richard Shelby, R-AL, the ambitious...
The creation of a U.S. sovereign wealth fund could grease the skids for an end to the conservatorships of Fannie Mae and Freddie Mac.
News Tailored to Your Needs
Get Focused Coverage
Inside Mortgage Finance's newsletters break the mortgage market down so you get the news and data you need most, whether it's total industry coverage or just the news related to securitization, regulation, profits or other specific topics.