Rep. Hill Issues Statement on Release of Federal Housing Finance Agency Proposal for Fannie Mae, Freddie Mac
May 21, 2020
May 21, 2020
LITTLE ROCK, Arkansas, May 21 -- Rep. French Hill, R-Arkansas, issued the following statement after the Federal Housing Finance Agency announced a proposal setting capital requirements for the government-sponsored enterprises, Fannie Mae and Freddie Mac:
"I'm pleased that the administration, with leadership from FHFA Director Mark Calabria, continues to push for meaningful change on long-overdue housing finance reforms.
"However, I'm concerned the 4% capital . . .
"I'm pleased that the administration, with leadership from FHFA Director Mark Calabria, continues to push for meaningful change on long-overdue housing finance reforms.
"However, I'm concerned the 4% capital . . .