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Sunday, May 21, 2023 8:48:01 PM
remain under government conservatorship."
"At the end of 2022, the GSEs combined owned or guaranteed
approximately $7.4 trillion in single-family and multifamily mortgages. This amount is over half of
the $13 trillion plus U.S. mortgage market."
"Given the current economic challenges in the
housing market coupled with a host of recent policy changes under Director Thompson, it is
increasingly important that Congress and the American public receive timely updates on the activities
of the GSEs and actions of FHFA."
"Taken as a whole, these actions reflect an
attempt by Director Thompson to use her broad powers to overhaul the housing finance system. "
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