Rep. Royce Questions HUD’s Castro on GSE Reform and FHA Market Exodus

U.S. Representative Ed Royce (R-Calif.) questioned U.S. Housing and Urban Development Secretary Julian Castro on the need for housing finance reform and the exodus of bank lenders from the Federal Housing Administration (FHA) program at today’s House Financial Services Committee hearing entitled “The Future of Housing in America: Oversight of the Department of Housing and Urban Development.”