Wednesday, January 30, 2019 8:46:32 AM
House Financial Services Chairwoman Maxine Waters, and Sen. Sherrod Brown,
the ranking member of the Senate Banking Committee, jointly asked Otting what
exactly the conservatorship is that they’re considering.
In a speech outlining her priorities, Waters notably did not rule out
taking Fannie and Freddie out of conservatorship.
She did say the “core principles” she advocates including maintaining
access to the 30-year mortgage, ensuring sufficient private capital
is in place to protect taxpayers and maintaining access for all qualified borrowers.
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