Senators Corker, Warner, Vitter, And Warren Reintroduce Jumpstart GSE Reform Act

The, Sept. 16, 2015

The legislation would prohibit any increase in the guarantee fee–which is required to be charged by government-sponsored enterprises Fannie Mae and Freddie Mac–from offsetting other government spending while also prohibiting the sale of Treasury-owned senior preferred shares in the GSEs without congressional approval and structural housing finance reform.