Washington Examiner: Civil rights, affordable housing groups bash bipartisan Fannie, Freddie reform bill
Washington Examiner, February 2, 2018: Civil rights, affordable housing groups bash bipartisan Fannie, Freddie reform bill
Civil rights and affordable housing groups are criticizing a draft bipartisan bill to overhaul the housing finance system and revamp Fannie Mae and Freddie Mac, a development that could cement liberal opposition to the legislative effort.
The groups called the draft an “ill-conceived approach [that] places the risk on the backs of the hardworking families who already rescued the big banks.”
The statement was provided by the Leadership Conference on Civil and Human Rights, who were joined by The Center for Responsible Lending, the NAACP, National CAPACD, National Community Reinvestment Coalition, National Fair Housing Alliance, National Urban League, and UnidosUS, the group formerly known as the National Council of La Raza.