Community Bankers of Iowa Monthly Banker Update May 2014 | Page 15

Washington Watch
Written By: Ron Haynie, Senior Vice President of Mortgage Finance Policy - ICBA

A Foundation for Reform

The debate over how to restructure
the housing-finance system and the
government-sponsored enterprises
Fannie Mae and Freddie Mac has
taken shape in recent weeks. Senate
Banking Committee leaders have
introduced their long-awaited draft plan,
while new legislation in the House has
continued the debate in that chamber.
Despite these new sources of momentum, how the debate
over reforming the housing GSEs plays out remains very
much an open question. Along the way, ICBA has been
working closely with Congress and the administration to
ensure cont