Statement by MBA President and CEO Bob Broeksmit on FHFA Appointing Sandra L. Thompson as Acting Director

CONTACT
Rob Van Raaphorst
rvanraaphorst@mba.org
(202) 557-2799

WASHINGTON, D.C. (June 24, 2021) -  Statement by MBA President and CEO Bob Broeksmit, CMB, on the announcement that Sandra L. Thompson has been appointed Acting Director of the Federal Housing Finance Agency (FHFA):

"MBA congratulates Sandra Thompson on her appointment as the Acting Director of the Federal Housing Finance Agency. Her experience, expertise, and deep knowledge of housing finance will serve her well in this role.  

"We fully agree with the Acting Director's stated goals of operating the regulated entities in a safe and sound manner while supporting their missions to increase the availability of affordable housing and extend access to credit.  

"MBA has worked with the Acting Director extensively in the past and looks forward to continuing this relationship as she addresses a variety of housing finance issues, including the conservatorship of Fannie Mae and Freddie Mac. This will include protecting taxpayers, serving the GSEs' affordable housing mission, and ensuring a stable secondary mortgage market for a wide variety of single-family and multifamily lenders, regardless of size or business model."