Against the backdrop of a new presidential administration and a new Congress, Mortgage Bankers Association President and CEO Bob Broeksmit laid out the trade group’s priorities during the opening session of the MBA’s IMB25 conference Monday. First on the list? A smooth exit from conservatorship for Fannie Mae and Freddie Mac.

“We can’t let the best housing finance system in the world be damaged by a hasty exit that doesn’t thoroughly think through all the consequences,” Broeksmit said during the session. “That does not make MBA anti-exit-from-conservatorship.”

Indeed, Broeksmit outlined how 16 years of conservatorship have created inefficiencies at the details ⇒

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