Senate Banking Committee Ranking Member Scott, Colleagues Oppose Freddie Mac Proposed Second Mortgage Product
May 25, 2024
May 25, 2024
WASHINGTON, May 25 -- Sen. Tim Scott, R-South Carolina, ranking member of the Senate Banking, Housing and Urban Affairs Committee, issued the following news release on May 24, 2024:
Ranking Member Tim Scott (R-S.C.) today joined Senator Bill Hagerty (R-Tenn.) and his colleagues in sending a letter to Federal Housing Finance Agency (FHFA) Director Sandra Thompson opposing Freddie Mac's misguided proposal to purchase and guarantee single-family closed-end second mortgages. Every . . .
Ranking Member Tim Scott (R-S.C.) today joined Senator Bill Hagerty (R-Tenn.) and his colleagues in sending a letter to Federal Housing Finance Agency (FHFA) Director Sandra Thompson opposing Freddie Mac's misguided proposal to purchase and guarantee single-family closed-end second mortgages. Every . . .