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Tag Archives: Senate Banking Committee

‘Will Help Ensure a Stable U.S. Housing Market’

At a hearing to consider his nomination as President of Ginnie Mae, Michael Bright, told the Senate Banking Committee that he would continue to work on modernizing the agency and ensuring the security of the loans it oversees to ensure better security price and lower rates for borrowers.

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Mel Watt Outlines GSE Conservatorship Challenges

Saying that the “status quo is not a viable option” on the current conservatorship of the GSEs Sen. Mike Crapo and the Senate Banking Committee heard the testimony of Melvin Watt, Director, FHFA on the status of the housing finance system. Here’s what he had to say.

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Senate Banking Committee Grills Jerome Powell

The Fed Chair nominee faced questions from both sides of the aisle, during which he called for smarter regulation, described cybersecurity as one of the primary threats to the financial system, and described housing reform as “unfinished business.”

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