In this report, we continue our assessment of the bills reported by the FinServ Capital Markets Subcommittee, turning to H.R. 1224, the Hensarling, et. al. bill to force more rapid reductions of the GSE portfolios. It would for sure do so, pushing past the Administration’s wind-down plan.  However, it’s far from clear how it could in fact be accomplished in tandem with the reported bill to kick the GSEs out of the risk-retention exemption.

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