GOP Congressional Sweep Not Necessarily a Boon for GSE Reform
November 14, 2014
Expect GSE reform to remain a key focus of Congress following the mid-term election Republican takeover of the Senate and vast expansion in its House majority. However, industry observers warn that it remains to be seen whether focus will translate into legislative action during the 114th Congress as the new leadership structure remains in flux.
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.
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