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Months. Including the iba, mill ken institute, several coauthors writing jointly for the urban institute, and many others. The committee is considering all of these proposals as well as other ideas about what the future system should look like. In the meantime, f hrks a serve as regulator of the enterprises and as regulator of the federal home loan banks. As conservator of the gse easy, theyre obligated to preserve and conserve the as 70s franny and freddie mac. They have undertaken a number of initiatives in recent years including some that began prior to director watts tenure. The platform w...

And the finance Agency Director mel watt. On the status of the Housing Finance system, fannie mae and freddie mac have been in conservatorship for close to 9 years. In september of 2008, hank paulson famously described the conservatorships as a timeout. Fannie and freddie along with fha continue to dominate the Mortgage Market. 70 of the mortgages are backed by the federal government. Fannie and freddie currently earning profits at the Housing Market experiences a downturn, taxpayers could be on the hook for billions of dollars. The status quo is not a viable option. The Housing Finance system...

System. Fannie mae and freddie mac have been in conservatorship for close to nine years. In september 2008, then treasury secretary hank paulson famously described the conservatorships as a timeout. Today, fannie and freddie along with fha continue to dominate the Mortgage Market. Approximately 70 of the mortgages are backed by the federal government. While fannie and freddie are currently earning profits, if the Housing Market experiences a downturn, taxpayers could again be on the hook for billions of dollars. The status quo is not a viable option. The Housing Finance system depends on two G...

Year 2018 budget requests. We welcome secretary mattis for the first time before our committee. We welcome chairman dunford ba back. The question today, as it is each year for this hearing is, how well the administrations proposal meets the security needs of the nation. Factoring both the external threats on the current state of our military. This committee has repeatedly heard testimony over the last two years that our country faces more serious complex pretty challenges now than we have ever faced before. The hearings and briefings we held on the current state of our military have been distu...

Committee meets to receive the testimony of the secretary of defense and the chairman of the joint chief of staffs on the administrations fiscal year 2018 budget request. We welcome secretary mattis for the first time before our committee and we welcome chairman dunford back. The question today, as it is each year for this hearing, is how well the administrations proposal meets the security needs of the nation. Factoring in both the external threats and the current state of our military. This committee has repeatedly heard testimony over the past two years that our country faces more serious c...