HousingWire: What’s next for Johnson-Crapo? Industry reacts positively; opponents say it’s DOA
Housing Wire
May 18, 2014

The Senate Committee on Banking, Housing, and Urban Affairs passed to the floor the Housing Finance Reform and Taxpayer Protection Act, commonly known as Johnson-Crapo, by a 13-9 vote Thursday morning.

Johnson-Crapo, supporters say, would reform the U.S. housing finance system by winding down Fannie Mae and Freddie Mac and replacing them with a new system in which private capital would be in a first-loss position prior to a catastrophic government guarantee being made available.

Read the full article at HousingWire.com.
Sign Up for Our Newsletter


Connect with SFIG
LinkedIn logo
Join us on LinkedIn >
Twitter logo
Follow us on Twitter >

Quick Search

Advanced Search
Terms and Conditions | Privacy Policy