GSE Multifamily Policy
The Enterprises play a critical role in providing a reliable source of capital for the multifamily mortgage market and support the increase in supply of affordable rental housing.
The GSEs serve as an important source of capital for financing multifamily housing. In the current context of multifamily housing finance and GSE reform, MBA will continue to advocate for legislative or administrative reform that supports liquidity in all market cycles while recognizing the important role of competition in financing multifamily housing. MBA will engage with policymakers to encourage GSE-related policies to support an appropriate role in affordable housing and underserved markets.
Over a decade has passed since the Enterprises were placed into government conservatorship. Despite the intent that conservatorship would serve as only a temporary bridge to stabilize the Enterprises, the conservatorship persists, and the Enterprises’ long-term status remains unresolved. GSE reform bills have been introduced in Congress; MBA and other organizations have released white papers and other documents suggesting visions for the future of the GSEs and housing finance.
RELATED: Read MBA’s Whitepaper on GSE Reform: Creating a Sustainable, More Vibrant Secondary Mortgage Market
Recent MBA Activity Related to GSE Multifamily Policy
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MBA Joint Letter on Yes in My Backyard (YIMBY) Act (H.R. 3507 and S. 1688)
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MBA Joint Trade Letter to FHFA on Rent Control
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MBA Letter to FHFA on Tenant Protections RFI
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MBA Comment Letter to House Ways and Means Committee on H.R. 3936, H.R. 3937, and H.R. 3938
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Housing Affordability Coalition Statement on Congressional Letter on Housing Policy Solutions
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Industry Coalition Letter on the Introduction of the Main Street Tax Certainty Act of 2023
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MBA Response to FHFA’s Proposed Amendments to the Enterprise Regulatory Capital Framework
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Real Estate Coalition Letter on Debt Ceiling
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MBA, CREFC Response to SEC Conflicts of Interest Proposal
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MBA Comments: FHLBank System at 100: Focusing on the Future – Request for Input
Related MBA Events
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School of Multifamily Property Inspections: July 2025: Dallas, TX
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Commercial Real Estate Basics: Underwriting Retail and Valuation: August 2025
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Commercial Real Estate Basics: Introduction to Commercial/Multifamily Real Estate: August 2025: On Demand
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School of Multifamily Mortgage Banking: August 2025: Washington, DC
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Commercial Real Estate Basics: Borrower Mortgage Credit and Financial Statement Analysis: September 2025