MBA Statement on FHFA G-fee Report
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WASHINGTON, D.C. (October 18, 2017)- MBA President and CEO David H. Stevens, CMB, issued the following response to the Federal Housing Finance Agency's (FHFA) annual report on Single-Family Guarantee Fees (G-fees).
"We applaud FHFA and the GSEs for maintaining G-fee parity across all lender sizes. Establishing and maintaining a level playing field is essential to creating a modernized, robust and healthy housing finance system. This is why MBA's GSE Reform White Paper calls for statutory changes which would mandate that part of the regulator's mission would be to ensure fair and transparent access to the secondary market for all lenders, regardless of size or business model."