MBA’s Bob Broeksmit on housing policy priorities in a new administration

The Importance of a Smooth GSE Release

A crucial topic discussed emphasizes the need for an orderly release of government-sponsored enterprises (GSEs) like Fannie Mae and Freddie Mac from conservatorship. The current focus is not just on holding them accountable for their actions but also recognizing their vital role in the U.S. housing ecosystem, particularly in maintaining a stable housing finance system. The previous years have seen criticism directed at these entities, but it’s essential to highlight how their stability supports fixed-rate mortgages, which have benefited American households significantly. This approach is aimed at preserving a robust housing finance system while ensuring any transition from conservatorship does not jeopardize the foundations that have supported the recovery of housing after the pandemic.