15 May 2008
Compromise May Be Near on Housing Plan
In order to get through the Senate, Chris Dodd (D-CT) has to get Dick Shelby (R-AL) agree on the bill, otherwise it's filibuster city.
Dodd is now saying that they are close to a compromise on the bill.
Not clear on what is on the table, though Shelby appears to be getting more rigorous regulation of the GSEs (Fannie Mae and Freddy Mac) as a part of the deal.
Dodd is now saying that they are close to a compromise on the bill.
Not clear on what is on the table, though Shelby appears to be getting more rigorous regulation of the GSEs (Fannie Mae and Freddy Mac) as a part of the deal.
Labels:
Congress
,
Finance
,
Legislation
,
Real Estate
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