One thing has become abundantly clear with regard to the prospect of reforming the county’s housing finance policy – Congress needs to act. However, that does not mean that regulators can only sit on their hands in the meantime.
Regulatory leaders tactfully noted during a recent Senate Banking Committee hearing that although there are actions they can take in the interim, their ability to act ultimately is limited by the willingness of Congress to reach a comprehensive bipartisan solution.
Get an in-depth look at how federal regulators plan to get the ball rolling.
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