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Federal Housing Enterprise Regulatory Reform Act of 2005

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pnutbutr Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-17-08 02:01 PM
Original message
Federal Housing Enterprise Regulatory Reform Act of 2005
Current financial situation with Fannie and Freddie might have been avoided

http://www.govtrack.us/congress/bill.xpd?bill=s109-190
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sandnsea Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-17-08 02:24 PM
Response to Original message
1. Obama/Durbin propose federal mortgage reform
http://obama.senate.gov/news/060215-obama_durbin_pr/

Looking at the sponsors for that legislation, it's highly unlikely it would have averted anything.

Republicans don't believe in regulation. What will it take to get that through some people's heads.
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pnutbutr Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-17-08 03:20 PM
Response to Reply #1
2. didn't even look
at the sponsors.

It just looked like a decent piece of legislation that was aimed directly at the problem.
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