Congress threatened to stop the program: “ The biggest objection came from New York Republican Congressman Andrew Garbarino, who said the program would “end up hurting consumers.”
After that, Fannie didn’t take long to abandon the program.”
Authorization comes from Congress. No matter how useful a program is, Congress still has to fund it.
Lobbyists killWhite House kills plan to save homebuyers thousands of dollarsCongress threatened to stop the program: “ The biggest objection came from New York Republican Congressman Andrew Garbarino, who said the program would “end up hurting consumers.”
After that, Fannie didn’t take long to abandon the program.”
Authorization comes from Congress. No matter how useful a program is, Congress still has to fund it.