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Rome wasn’t built in a day and an overhaul of federal housing finance programs won’t be either.

That was the clear message delivered by policymakers this week at NAFCU’s Congressional Caucus and a Senate Banking Committee hearing earlier this week.

The Trump Administration recently released a massive overhaul of federal housing finance programs. The proposal includes taking the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation out of federal control.

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David Baumann

 

Credit Union Times

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