ICBA Testifies Against Allowing Large Banks to Become New Fannie Mae and Freddie Mac
Testifying before Senate committee on housing reform, ICBA argues that the worst outcome in reforming the housing-finance government-sponsored enterprises would be to allow a small number of the largest financial firms to mimic the size and scale of Fannie Mae and Freddie Mac under the pretense of creating less risk in a private-sector solution. [7/24]