Wednesday, November 19, 2014

prepare the housing finance system for the end of government conservatorship.

"Millions of creditworthy families are struggling to get mortgages and buy a home," Warren said in a comment released with the letter. "We believe FHFA can use its existing authority to extend credit to responsible families and, at the same time, prepare the housing finance system for the end of government conservatorship."

http://m.washingtonexaminer.com/senators-have-advice-for-fhfa-regulator/article/2556350

Two Democrats are calling on the regulator who oversees Fannie Mae and Freddie Mac to bring private capital into the housing finance system and boost credit through the two bailed-out mortgage businesses.
Senators Elizabeth Warren, D-Mass., and Mark Warner, D-Va., 
wrote a letter to Federal Housing Finance Agency Director Mel Watt 

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