Snow Calls For New Housing Agency

Newman, Emily
September 2003
Bond Buyer;9/11/2003, Vol. 345 Issue 31717, p2
Trade Publication
Reports on the recommendation of U.S. Treasury Secretary John W. Snow that the U.S. Congress should create a federal agency specifically to regulate housing-related government sponsored enterprises. Need for such an agency; Call for transfer of some regulatory powers over mortgage companies Freddie Mac and Fannie Mae away from the U.S. Dept. of Housing and Urban Development; Snow's suggestion that the U.S. Treasury Department should continue to study GSEs and secondary mortgage markets.


Related Articles

  • Significant Challenges Ahead. Morse, Neil J. // Mortgage Banking;Jun2006, Vol. 66 Issue 9, p131 

    The article focuses on a change in the Real Estate Settlement Procedures Act which is expected to meet expectations of various political parties. According to Alphonso Jackson, Secretary of the United States Department of Housing and Urban Development (HUD), he cannot guarantee that all the...

  • GSE Reform Shifts to Senate Banking Committee.  // Community Banker;Nov2003, Vol. 12 Issue 11, p20 

    Reports the hearing scheduled by the Senate Banking Committee on proposals to reform government-sponsored enterprise (GSE) regulations. Information on the general plan proposed by Secretary John Snow; Reason for the cancellation of planned markups by House Committee Chairman Michael Oxley...

  • Frank: Get Vacancies Filled. Rucker, Patrick // American Banker;4/11/2006, Vol. 171 Issue 69, p3 

    The article reports that Rep. Barney Frank, the lead Democrat on the U.S. House Financial Services Committee, wants to press the Federal Housing Finance Board to fill dozens of vacancies on the Federal Home Loan bank boards. Frank has written a letter on that topic to Treasury Secretary John Snow.

  • White House Eases Stance On TRIA Renewal. Postal, Arthur D.; Brady, Matt // National Underwriter / P&C;7/18/2005, Vol. 109 Issue 27, p8 

    The article presents information related to the recent developments in the U.S. government's stance on the renewal of the Terrorism Risk Insurance Act (TRIA). U.S. Treasury Secretary John Snow, in his testimony at the U.S. House Financial Services Committee hearing, characterized the proposals...

  • Snow Speaks on GSE Registration.  // American Banker;7/10/2003, Vol. 168 Issue 131, p2 

    Reports the opinion of United States Treasury Secretary John Snow that Federal National Mortgage Association (Fannie Mae) and Federal Home Mortgage Corporation (Freddie Mac) should make a disclosure on their financial information voluntarily. Outlook for legislation to require the...

  • Treasury Secretary Snow Praises House For Passage Of FSA Roll- Over Bill; NAHU Also Lauds Action.  // Insurance Advocate;5/24/2004, Vol. 115 Issue 20, p37 

    Reports that U.S. Secretary of the Treasury John Snow commended the House on May 13, 2004 for passing the Flexible Spending Account Roll-Over bill that would allow up to $500 of unused Flexible Spending Account funds to be carried forward or contributed to a Health Savings Account. Snow's...

  • 8 GOP Lawmakers Slam Mortgage Plan. Heller, Michelle // American Banker;11/23/2005, Vol. 170 Issue 225, p3 

    This article reports on opposition in the U.S. Congress to a White House tax panel recommendation to reduce the home mortgage deduction. Eight Republican members of the House Ways and Means Committee sent Treasury Secretary John Snow a letter opposing the idea. U.S. President George W. Bush's...

  • Panel to Consider Treasury Nominee. Heller, Michele // American Banker;1/15/2003, Vol. 168 Issue 10, p3 

    Reports that the U.S. Senate Finance Committee has scheduled a confirmation hearing for January 28, 2003 to consider the nomination of John W. Snow as the Treasury secretary.

  • Fan and Fred to follow Treasury's lead. K.S. // Asset Securitization Report;9/15/2003, Vol. 3 Issue 35, p14 

    Reports that the U.S. Treasury Secretary John Snow and Housing and Urban Development Secretary Mel Martinez have testified before the U.S. House Financial Services Committee about the proposal to increase the soundness of the government-sponsored enterprises Federal Home Loan Mortgage Corp. and...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics