Congressman Ed Royce
Royce Pushes for Private Flood Insurance Coverage
U.S. Representative Ed Royce (R-Calif.) made remarks on the floor of the House of Representatives in support of H.R. 2901, the Flood Insurance Market Parity and Modernization Act
Royce Applauds Progress on Opening Up GSEs to Multiple Credit Scoring Models
U.S. Representative Ed Royce (R-Calif.), a senior member of the House Financial Services Committee and leading proponent of housing finance reform, released the following statement on today's progress report from the Federal Housing Finance Agency (FHFA) indicating future consideration of opening up the GSEs to alternative credit scoring models:
Royce Advocates for Commercial Real Estate Growth and Job Creation
U.S. Representative Ed Royce (R-Calif.) spoke in favor of H.R. 4620, the Preserving Access to CRE Capital Act of 2016, at a House Financial Services Committee legislative markup. The legislation tailors risk retention requirements enacted by Dodd-Frank for single asset/single borrower (SASB) commercial mortgage backed securities (CMBS).
Covered Agreement Delay Harms U.S. Insurers and Consumers
U.S. Representative Ed Royce (R-Calif.) questioned witnesses on the merits of the United States reaching a covered agreement with the E.U. during a Housing and Insurance Subcommittee hearing entitled “The Impact of International Regulatory Standards on the Competitiveness of U.S. Insurers: Part II.”
Rep. Royce Explores Negative Impacts of Dodd-Frank on U.S. Capital Markets
U.S. Representative Ed Royce (R-Calif.) questioned witnesses on the impact of the Dodd-Frank Act on asset-backed securities (ABS) at a hearing entitled “The Impact of the Dodd-Frank Act and Basel III on the Fixed Income Market and Securitizations."
Royce Questions the FHA’s Readiness to Weather a Market Downturn
U.S. Representative Ed Royce (R-Calif.) questioned Mr. Edward Golding, Acting Commissioner of the Federal Housing Authority (FHA), on whether the FHA is able to withstand a downturn in the housing market at a Housing and Insurance Subcommittee Hearing entitled "The Future of Housing in America: Examining the Health of the Federal Housing Administration.”
Rep. Royce Explores Options to Mitigate Flood Risk and Reduce Taxpayer Exposure
U.S. Representative Ed Royce (R-Calif.) questioned witnesses on reducing the risk carried by taxpayers for the National Flood Insurance Program (NFIP) during a Housing and Insurance Subcommittee hearing entitled Opportunities and Challenges Facing the National Flood Insurance Program