Idaho and the 17th
The Idaho Republican Party endorses repeal of the 17th Amendment to the Constitution, which allows election of U.S. senators by popular vote - and not the Legislature.
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The Heritage Foundation
Fannie and Freddie 2.0: The Senate Does Not Get the Government Out of the Market
In an effort to reform the nation's housing finance system, Senate Banking Committee Chairman Tim Johnson and ranking member Mike Crapo have announced that they will hold a markup for their bill on April 29, but many details still have to be ironed out.
Thu Apr 17, 2014
National Mortgage News
HUD's Donovan Works to Rally Liberals Behind GSE Bill
Learn about this year's finalists and see who won the 2013 MT Award. 2013 MT Awards: 10X Award The 10X Award honors a company, product or technology that's had an exponential impact on mortgage finance.
Blackstone Discusses Fannie and Freddie Stake
"I honestly don't think we are going to be the mover and shaker on this," James told TheStreet during a press conference following the company's first quarter earnings release Wednesday.
at White House again, updates CUs on housing finance reform
April 17, 2014 - NAFCU's senior staff, in a new video, updated credit unions on the status of housing reform discussions in Congress and action NAFCU is taking to ensure credit unions' interests in any final housing reform plan.
Wed Apr 16, 2014
Brooklyn man running for Senate in Idaho, Oregon and Alaska - Wed, 16 Apr 2014 PST
Receive FREE access by logging in to or creating your Spokesman.com account. BOISE - A Brooklyn, N.Y. attorney who's never been to Idaho is not only running again for a U.S. Senate seat from the state, after doing the same four years ago - he's also running for Senate seats in Alaska and Oregon this year.
National Mortgage News
Small Lenders Fear GSE Reform Bill Could Endanger Them
A landmark housing finance bill has brought back mortgage bankers' old fears about "mission creep" by secondary market players.
HUD Secretary Urges Civil Rights Groups to Support Housing Bill
Civil rights groups should back a bipartisan Senate effort to remake the nation's housing finance system "despite its imperfections," U.S. Housing and Urban Development Shaun Donovan said today.
Tue Apr 15, 2014
PIMCO Sees Flaw in Obama Fannie Freddie Wind-down Plan
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CCAGW Warns of the GSEsa Debt Bomb
The letter reads as follows: "Last month, a senior Treasury Department official called for giving the outstanding debt and mortgage-backed securities obligations of the government-sponsored housing enterprises Fannie Mae and Freddie Mac the explicit 'full faith and credit' of the United States government.
Mon Apr 14, 2014
Discussions with White House continue on GSE reform
April 15, 2014 - NAFCU Vice President of Legislative Affairs Brad Thaler and Director of Regulatory Affairs Mike Coleman took part in another meeting held by White House and administration officials Monday on housing finance reform , particularly on regulatory issues that could arise from the draft Johnson-Crapo reform package.
National Mortgage News
Senate Banking Leaders May Delay Vote on GSE Reform
Learn about this year's finalists and see who won the 2013 MT Award. Charlie Keating, who died on March 31, epitomized an era today's mortgage lenders would do well to remember as low-yielding portfolio assets tempt them to take bigger risks.
Moody's: Johnson-Crapo could ramp up issuance of private-label RMBS
The Johnson-Crapo housing reform measure is slated for markup April 29, and a report by Moody's Investors Services says the GSE package could help kick-start issuance in the private-label residential mortgage-backed securities.
Phony Fannie-Freddie Reform Empowers the Left
Ever since the phrase appeared in Shakespeare's Romeo and Juliet, "A rose by any other name would smell as sweet," and its variations have become familiar expressions.
Sun Apr 13, 2014
Silicon Alley Insider
America's Huge Mortgage-Market Distortions Are Likely To Endure
You could argue that Fannie Mae and Freddie Mac, two "government-sponsored enterprises" in the mortgage business which received the biggest bail-out of the financial crisis, have paid their debt to society.
Thu Apr 10, 2014
Thaler, Pevo at White House on GSE reform
April 11, 2014 - NAFCU Vice President of Legislative Affairs Brad Thaler and Legislative Affairs Director Jillian Pevo took part in another meeting held by White House and administration officials Thursday on housing finance reform.
Fannie Mae and Freddie Mac: The ugly twins of finance
YOU could argue that Fannie Mae and Freddie Mac, two "government-sponsored enterprises" in the mortgage business which received the biggest bail-out of the financial crisis, have paid their debt to society.
Banker Who Helped Crash Housing Market Helped Crafting Mortgage Reform
Controversial housing finance reform legislation making its way through the Senate Banking Committee was co-written by a former mortgage trader for Countrywide Financial and Wachovia, two of the subprime mortgage behemoths at the center of the housing market crash in 2007.
Wed Apr 09, 2014
WWII vet helped bury 3,000 military service members
Sandy McCary's father lovingly kept records of more than 3,000 veterans he helped lay to rest at the Idaho State Veterans Cemetery.
Obama's Favorite Housing Plan Risks 'Runaway Corporate Exploitation': Nader
NEW YORK -- Bipartisan housing reform legislation proposed by Sens. Tim Johnson and Mike Crapo "could open the door wide for runaway corporate exploitation," argues consumer advocate and sometime third party Presidential candidate Ralph Nader in a letter he sent Wednesday to members of the Senate Banking Committee.