Lawmakers Press Mnuchin over GSE Reform, Reg Relief and Cyber Threats

National Mortgage News, Jan. 30, 2018–John Heltman (subscription)
During a Senate Banking Committee hearing, Mnuchin said reform of Fannie Mae and Freddie Mac is a top priority of the Trump administration. While he declined to spell out many details of the administration’s views, he said keeping the 30-year fixed-rate mortgage is essential and that requires backing by a government guarantee.