A Republican lawmaker sharply criticized his party colleagues Friday, accusing them of taking an unrealistic approach toward reworking the U.S. mortgage market The comments by Rep. Gary Miller (R-Calif.) underscored longstanding divisions among Republican lawmakers that have become more public in recent weeks. Several GOP House lawmakers have introduced bills to overhaul government-controlled mortgage giants Fannie Mae (FNMA) and Freddie Mac (FMCC), and more are expected. Top Republicans on the House Financial Services Committee have advanced bills to build a mostly private mortgage-finance system. But Miller and a fellow Californian, Rep. John Campbell, have broken with their leaders and favor approaches with more government support.
Jason Philyaw was a reporter with HousingWire through mid-2012.see full bio
Most Popular Articles
Latest Articles
From resilience to antifragility: Rethinking cybersecurity for real estate and mortgage professionals
In information security, we’ve long spoken about resilience. The goal has been to withstand an attack, recover quickly, and return to business as usual. But in today’s environment—where attackers adapt and evolve daily—resilience is no longer enough. We must go further. We must embrace antifragility.
-
From local to global: RE/MAX’s Chris Lim on the next era of real estate relationships
-
Stop marketing like it’s 2008: You’re invisible
-
RE/MAX accelerates real estate innovation with AI and technology
-
Retirement plans for small-business owners have visible generational gaps
-
VA loans rise as housing market shifts toward buyers
Jason Philyaw was a reporter with HousingWire through mid-2012.see full bio
