CMLA’s Whitepaper on GSE Reform, May 30, 2012

CMLA Advocacy, White Papers

The CMLA believes that the current state of the government sponsored enterprises Fannie Mae and Freddie Mac (the “Enterprises”) has benefited from strong oversight and leadership provided by the Federal Housing Finance Agency (FHFA) over the past several years. The Strategic Plan of Enterprise Conservatorships issued by FHFA on February 21, 2012 indicates that credit has remained available in the housing market primarily through the operation of the Enterprises, and that the assets of the Enterprises have been “conserved and preserved” through aggressive loss mitigation strategies and fundamental changes to the operational procedures in each entity.

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CMLACMLA’s Whitepaper on GSE Reform, May 30, 2012