Yet notwithstanding any post-election reconsideration of the key elements of bipartisan consensus in Johnson-Crapo, there remain a host of other issues that could derail another run at comprehensive GSE reform, including: capital requirements, the appropriate contours of the mortgage "credit box," and the effects of reform on the average.
The latter seems apropos to the “reform” of the government-sponsored housing enterprises. Fannie was created as a government agency in 1938 and spun off as a government-sponsored enterprise (GSE).
The ads from the 60 Plus Association are the second outlet to use the term “Obamacare” as a way to attack GSE reform. Recently, the American Enterprise Institute also called Johnson-Crapo the.
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AEI labels Johnson-Crapo the ObamaCare of GSE reform’ StoneHill Group hires Stephen Witters as system administrator Background. Simon Eccles-Williams is Chairman and a founder director of Stephens Europe. He is also a Managing Director in the M&A Group.
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James K. Glassman, a visiting fellow at the American Enterprise Institute, took a swing at the newly proposed Johnson-Crapo plan to reform Fannie Mae and Freddie Mac, in an article titled "The Obamacare of Real Estate," calling the latest plan to reform the GSEs "disturbingly similar to Obamacare."
AEI labels Johnson-Crapo the ObamaCare of GSE reform’ What They Are Saying About Johnson/Crapo. Edward J. Pinto, resident fellow at the American Enterprise Institute, "The Johnson-Crapo bill would require politicized credit standards-once again putting lower-income families into housing they can’t afford, with the same disastrous results.