Senate Banking Committee chair releases radical GSE reform blueprint

Alexander Saeedy

February 01, 2019 07:15 PM

US_Congress_midterms_PA_230x150 — View of the US Capitol dome that is covered in scaffoldingl, November 4, 2014 in Washington, DC. Today Americans head to the polls to cast their vote in the mid-term elections, which will decide whether Republicans or Democrats will control the Senate. | Olivier Douliery/ABACA USA/PA Images

Senate Banking Committee Chairman Mike Crapo (R-Idaho) released an outline for housing finance reform legislation on Friday that would see an expanded role for Ginnie Mae and entirely spin off Fannie Mae and Freddie Mac’s multifamily businesses.

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Alexander Saeedy