GSE Multifamily and Housing Finance Reform
In This Section
Any GSE reform should promote continued liquidity and stability in multifamily housing finance.
Overview: Over a decade has passed since the Enterprises were placed into government conservatorship. Despite the intent that conservatorship would serve as only a temporary bridge to stabilize the Enterprises, the conservatorship persists and the Enterprises' long-term status remains unresolved. The GSEs have long been an important capital source for multifamily lending, and multifamily rental housing is a critical part of the U.S. housing market and is vital to our communities. MBA recommends that any GSE reform should promote continued liquidity and stability in multifamily housing finance and should be consistent with the policy principles spelling out in MBA's April 2017 white paper: GSE Reform: Creating a Sustainable, More Vibrant Secondary Mortgage Market.