The House Financial Services Committee will hold a hearing on “Oversight of the Federal Housing Finance Agency’s role as conservator and regulator of the Government Sponsored Enterprises (GSEs)” on September 27 at 10:30 a.m. ET. Committee Chair Jeb Hensarling (R-TX) and Representative John Delaney (D-MD) recently released a discussion draft of the latest attempt to reform the housing finance system. NLIHC is concerned that the bill may divert funding away from the national Housing Trust Fund, which is currently funded through a small assessment on Fannie Mae’s and Freddie Mac’s annual books of business (see Memo 9/10). The hearing will be live-streamed at: http://bit.ly/2zmb0Ri