Among several topics covered in an interview with Rep. Jen Hensarling (R-Texas) was his legislation that would be a sweeping rollback of the Dodd-Frank Wall Street Reform Act.

Hensarling, who has represented his district since 2003 and is chairman of the House Financial Services Committee, earlier this month secured House passage of the Financial Choice Act.

The lawmaker placed some of the blame for the financial crisis on a ratings agency monopoly, while affordable housing goals for the government-sponsored enterprises had an even bigger impact.

Source: Mortgage Daily