Mortgage Banking

Senate Banking Committee to take another shot at GSE reform.(government-sponsored enterprise)

Building on last year's efforts, Senate Banking Committee Chairman Richard Shelby (R-Alabama) said he will continue to push for consensus in order to move a strong government-sponsored enterprise (GSE) reform bill through the Senate in 2006.

GSE reform is one of more than a dozen priorities set for the Banking Committee during the second session of the 109th Congress, announced Shelby.

"Over the course of my chairmanship, I have been extremely pleased with the committee's commitment to operating in a bipartisan manner to address many of the key issues in the areas of financial services, housing and transit," Shelby said in a statement. "I look forward to …

Read all of this article – and millions more – with a FREE, 7-day trial!