Community Banks Voice Reform Concerns at Senate Briefing
July 22, 2016
Community banks and affordable housing groups spoke at a Senate staff briefing this week to discuss GSE reform efforts and the impact on smaller lenders and affordable housing groups. The concerns ranged from the low capital at Fannie Mae and Freddie Mac to recent up front risk-sharing efforts to the Common Securitization Platform currently in the works. …
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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