Items Tagged with 'Senator Mark Warner'


  • FHFA principal reduction plan garners mixed reaction from housing industry

    Some love it, others not so much
    It’s only been a short time since the Federal Housing Finance Agency shook up the housing industry by announcing that it plans to begin offering principal reductions to certain borrowers, but reactions from both sides are beginning to trickle in. Some in the housing industry love it, some believe that the FHFA's plan doesn't go far enough, while others are concerned that the program sets a "dangerous precedent."
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  • Crapo, Warner urge Congress not to use Fannie, Freddie fees for federal spending

    Senators fight against using g-fees to pay for highway bill
    Reaffirming their position that the fees charged by Fannie Mae and Freddie Mac to guarantee loans should not be used to fund federal spending, Sen. Mike Crapo, R-Idaho, and Sen. Mark Warner, D-Va., sent a letter to the Senate leadership, asking them to reconsider the use of g-fees to offset the cost of a massive transportation bill.
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  • Housing finance reform remains a hurdle for Capitol Hill

    Zandi: Since GSE takeover nothing meaningful has changed
    The U.S. Senate Committee on Banking, Housing and Urban Affairs held an open hearing Thursday to push forward with housing finance reform. The only problem is while most lawmakers know it's needed, a comprehensive, linear and widely accepted solution has yet to gain major traction in Congress.
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