What Others Say
What Others Say What Others Say individuals and organizations, including think tanks, public interest groups, investment research firms, and political activists, are voicing their concerns about current finance reform legislation and its potential threat to American homeownership. Here is a snapshot of conversation regarding the proposed Johnson-Crapo bill and a look at why Fannie and Freddie must remain intact: “Sens. Schumer, Menendez, Reed, Brown, Merkley and Warren’s vote against the Johnson-Crapo housing finance reform proposal is an encouraging development for the many U.S. women who hold the dream of affordable homeownership. We know that unscrupulous lenders targeted women of color, especially single mothers, seeking homes in good school districts for their kids, for abusive subprime loans. This bill does not adequately protect against such predatory behavior. As written, it would seek to eliminate Fannie Mae and Freddie Mac, the government entities that help provide