{"id":1004106075,"date":"2014-11-10T10:45:27","date_gmt":"2014-11-10T18:45:27","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004106075"},"modified":"2022-12-05T06:31:13","modified_gmt":"2022-12-05T14:31:13","slug":"november-issue-reform-interrupted","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/november-issue-reform-interrupted\/","title":{"rendered":"NOVEMBER ISSUE: Reform, Interrupted"},"content":{"rendered":"

\"CPE_1114_Finance480x270\"<\/a>What\u2019s Next for the GSEs?<\/strong><\/em>
\n<\/em><\/p>\n

By Keat Foong, Finance Editor<\/em><\/p>\n

For a moment in the spring when the Johnson-Crapo bill moved, GSE reform may have seemed, finally, possible. Many in the industry now agree, however, that the likelihood of any action has come to a halt.<\/p>\n

\u201cThere is a very small chance of getting GSE reform in the next year,\u201d observed Willy Walker, chairman, president & CEO of Walker & Dunlop. \u201cMy take is that regardless of whether the Senate is won by Republicans or Democrats, there will be limited interest either in drafting new GSE reform legislation or getting Johnson-Crapo legislation back up and going.\u201d<\/p>\n

The industry-supported, bipartisan Johnson-Crapo bill (S. 1217) in the Senate, which builds on the GSE reform bill introduced in 2013 by Sens. Bob Corker (R-Tenn.) and Mark Warner (D-Va.), was passed by the Banking Committee in May. The bill would wind down Fannie Mae and Freddie Mac, create a government backstop for guarantee of mortgage securities, and allow the private sector to take over much of the GSEs\u2019 current functions.<\/p>\n

Read the full article in the November 2014 issue of CPE<\/i>. Access is free!<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

For a moment in the spring when the Johnson-Crapo bill moved, GSE reform may have seemed, finally, possible. Many in the industry now agree, however, that the likelihood of any action has come to a halt.<\/p>\n","protected":false},"author":749,"featured_media":1004106080,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[22251],"tags":[],"class_list":["post-1004106075","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-in-focus"],"acf":[],"yoast_head":"\nNOVEMBER ISSUE: Reform, Interrupted - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/november-issue-reform-interrupted\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NOVEMBER ISSUE: Reform, Interrupted\" \/>\n<meta property=\"og:description\" content=\"For a moment in the spring when the Johnson-Crapo bill moved, GSE reform may have seemed, finally, possible. 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