Comment of Bob Broeksmit on Nomination of Mark Calabria to be Director of the Federal Housing Finance Agency

CONTACT
John Mechem
jmechem@mba.org
(202) 557-2727

WASHINGTON, D.C. (December 11, 2018) - Statement of Robert D. Broeksmit, CMB, President and CEO of the Mortgage Bankers Association (MBA) on the announcement that President Donald J. Trump intends to nominate Mark Calabria to be Director of the Federal Housing Finance Agency.

"MBA congratulates Mark Calabria on the announcement that President Trump intends to nominate him to be the next Director of the Federal Housing Finance Agency (FHFA).  He has a deep background in housing finance issues and we have enjoyed a good working relationship with him in his current and past roles."  

"We look forward to working with him on a wide variety of housing finance issues, not the least of which is resolving the now-decade long conservatorship of Fannie Mae and Freddie Mac in a way that best serves borrowers, protects taxpayers and ensures equal access to stable and liquid secondary mortgage markets for a wide variety of single- and multifamily lenders, regardless of size or business model."