Congressional Democrats Join Push to Recapitalize Fannie Mae, Freddie Mac

HousingWire, June 3, 2016–Lane, Ben

In a letter sent this week to Mel Watt, the director of the Federal Housing Finance Agency, and Jack Lew, the secretary of the Department of the Treasury, a group of 32 Democratic members of the House of Representatives say that the GSEs dwindling capital base, which is set to completely expire in 2018, has “serious consequences” for “underserved markets.”