San francisco - GSE regulation is a hot topic at this year's National Secondary Market Conference and Expo 2005 hosted here last week by the Mortgage Banker's Association, as representatives from both the GSEs and Senate debated the pros and cons of pending GSE legislation.

Speaking on a panel entitled A View from Washington and Legislative Update, sources reported that they expect mark-ups this month from both the Senate and the House of Representatives for the GSE reform bill.

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