The draft includes numerous provisions designed to ensure access to the revamped secondary market for credit unions and community banks with less than $10 billion in assets.
Mortgage bankers originated $54 billion of jumbo loans in the first quarter, a slight decline from the prior period but the second best showing in two years.
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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