Compromise May Be Near on Housing Plan

In order to get through the Senate, Chris Dodd (D-CT) has to get Dick Shelby (R-AL) agree on the bill, otherwise it’s filibuster city.

Dodd is now saying that they are close to a compromise on the bill.

Not clear on what is on the table, though Shelby appears to be getting more rigorous regulation of the GSEs (Fannie Mae and Freddy Mac) as a part of the deal.

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