Calabria to Congress: Fannie, Freddie reform is urgent, critical and overdue
This week’s financial shocks have given Barack Obama an unexpected opportunity to regain some of the momentum that was lost in the aftermath of John McCain’s convention and the excitement over Sarah.
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Calabria wrote in the report’s opening that “taxpayers remain vulnerable and the time for comprehensive housing finance reform is now.” “It will be critical to set a path for ending the conservatorships of the Enterprises in the near future while working with Congress and the Administration to transition to a reformed housing finance.
We’ve heard lots of speculative reasons for the House’s rejection of the $700 billion Wall Street rescue bill yesterday: – Republican leadership couldn’t deliver the GOP rank-and-file. – House Speaker.
· Mark Calabria only recently took over as director of the federal housing finance Agency, but his strong views on the need to end the government’s conservatorship over Fannie Mae and Freddie Mac have long been known.. Now, the head of the FHFA is restating his case to lawmakers, outlining the reforms he views as necessary in his first annual Report to Congress since taking the helm at the.
Senators on Thursday confirmed Mark A. Calabria to become the next director of the Federal Housing Finance Agency, installing him atop the Fannie Mae and Freddie Mac regulator as both Congress and.
Mark Calabria was confirmed as director of the Federal Housing Finance Agency on Thursday in a 52-44 vote. As the agency’s head, Calabria is charged with directing Fannie Mae and Freddie Mac, which have been in conservatorship for more than 10 years, and is anticipated to be a central figure in GSE reform.
Calabria to Congress: Fannie, Freddie reform is urgent, critical and overdue June 14, 2019 RSS FEED No comments Mark Calabria only recently took over as director of the Federal Housing Finance Agency , but his strong views on the need to end the government’s conservatorship over Fannie Mae and Freddie Mac have long been known.
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