18 Democratic Members of Congress—led
by Rep. Wiley Nickel (D-NC)— wrote a letter
to President Biden expressing concerns regarding the administration’s
plan approved by the Federal Housing Finance Agency (FHFA) to waive
title insurance on loans purchased by Government Sponsored Enterprises
(GSEs) Fannie Mae and Freddie Mac.
Among them are Rep. Ritchie Torres and Rep. Joe Morelle.
Click the link below to read their letter and learn why the GSE program is a mistake.