Federal Housing Finance Agency (FHFA) Policies and Programs

The Federal Housing Finance Agency serves as the regulator and conservator of Fannie Mae and Freddie Mac (the government-sponsored enterprises, or GSEs), as well as the regulator of the Federal Home Loan Bank (FHLB) system. For over a decade, MBA has been the thought leader for industry and policy stakeholders alike with respect to reforming the GSEs and navigating their conservatorships. MBA’s efforts have focused on addressing the structural flaws of the GSEs’ pre-conservatorship business models and advocating for critical administrative reforms of recent years to be “locked in” prior to the termination of the conservatorships. Across the GSEs and the FHLBs, MBA has highlighted the need for transparent policies that promote liquidity while ensuring fair and equal access to the secondary market for lenders of all types and sizes.