Mortgage Bankers Association (MBA) CEO David Stevens is expected to urge lawmakers to establish a clear vision for the future of Fannie Mae and Freddie Mac at the MBA’s 2013 Secondary Market Conference & Expo, which kicked off in New York on Sunday.

According to prepared remarks that Stephens is scheduled to deliver at the event, the MBA chief will stress that now is an ideal time to transition to a new system that could coax private capital back into the housing market and outline a plan of action that includes the following three goals:

  • Establishing a housing policy coordinator that will clear up regulatory confusion
  • Create “absolute transparency” that would bar the GSEs from making decisions without input for key industry players.
  • Iron out a clear path for GSE reform, partly by moving towards a standardized security and encouraging risk-sharing.

Source: Mortgage Bankers Association

Back to top
Only 3 days left to register for Inman Connect Las Vegas before prices go up! Don't miss the premier event for real estate pros.Register Now ×
Limited Time Offer: Get 1 year of Inman Select for $199SUBSCRIBE×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription
×