A coalition of 46 independent mortgage banks (IMBs) is calling for guarantee-fee parity and a competitive cash window in a letter sent Friday to U.S. Treasury Secretary Scott Bessent and Federal Housing Finance Agency (FHFA) Director Bill Pulte. 

The push comes as the Trump administration signals plans to move forward with a stock offering for Fannie Mae and Freddie Mac. The government-sponsored enterprises (GSEs) mark the 17th anniversary of their conservatorship on Saturday.

“A conservatorship exit could create incentives to return to practices which unfairly favor mega-lenders,” the letter states. “Thus, the PSPA G-fee parity/cash window details ⇒

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