A bill that would phase-out Fannie and Freddie is unlikely to pass a full Senate vote.
GSE reform passes the Senate Banking Committee Thursday over objections from Sen. Elizabeth Warren.
Senate housing reform measure moving steadily forward.
A new Senate plan would insure and regulate mortgage backed securities like credit union deposits.
Bill Hampel, senior vice president and chief economist at CUNA, told Congress Nov. 5 his trade association supports the Corker-Warner bill's general approach to housing finance reform, but he suggested several areas in need of improvement.
Chief economist Bill Hampel testifies on housing finance reform Tuesday before Senate Banking Committee.