All Issues List

 Have you read our new white paper, GSE Reform: Creating a Sustainable, More Vibrant Secondary Mortgage Market?

This white paper presents MBA's recommended approach to GSE reform, the last piece of unfinished business from the 2008 financial crisis. It outlines the key principles and guardrails that should guide the reform effort and provides a detailed picture of a new secondary-market end state.

Learn more.

Refine By:

Market Segment

  • GSE Up-Front Risk-Sharing

    Up-front risk-sharing allows lenders to secure deeper credit enhancement in exchange for lower guarantee fees (g-fees) and loan-level price adjustments (LLPAs). This credit enhancement can take many forms, including "deeper cover" private mortgage insurance (MI), lender recourse and structured finan

  • HOA Super Lien Priority

    Strict adherence to lien priorities-the concept of "first in time, first in right"-is critical to the functioning of the U.S. housing market, especially one dependent on an active, liquid secondary mortgage market. As a core principle, private liens recorded after origination of a first lien mortgag

  • Risk Retention Rule/QRM

    In December 2014, six federal regulators finalized the risk retention rule, as mandated by the Dodd-Frank Act. Compliance with the new rules was required by December 24, 2015 for residential mortgage-backed securities (MBS) and will be required by December 24, 2016 for all other asset-backed securit

  • The CSP and Single Security

    In 2013, Fannie Mae and Freddie Mac (the GSEs) began a joint venture to develop a common securitization platform (CSP) that would integrate the various securitization infrastructure systems that had previously resided separately within each Enterprise. MBA is committed to continued work with the Fed