Fannie Mae: “Johnson-Crapo Bill Chance Of The Decade” – HUD’s Donovan

“The proposed Johnson-Crapo bill provides the best chance to overhaul the mortgage finance system this decade,” President Barack Obama’s top housing official said this week. “We must take action, “The U.S. Housing and Urban Development Secretary said at a conference hosted by the National Council of La Raza and other civil rights and housing groups. Fannie Mae / Federal National Mortgage Association (OTCBB:FNMA) / and Freddie Mac / Federal Home Loan Mortgage Corp (OTCBB:FMCC) – Campaign against Johnson-Crapo bill Last month, US Senators Tim Johnson and Mike Crapo made a new proposal for reforming the US mortgage industry that falls…