BPC’s Stegman on Potential GSE Reform
Washington, D.C.– Bipartisan Policy Center Fellow Michael Stegman today released the following statement in response to reports that the incoming Trump administration may move quickly to release Fannie Mae and Freddie Mac from government ownership:
“It is undeniable that conservatorship has lasted long enough. The Bipartisan Policy Center’s Housing Commission released recommendations almost four years ago on comprehensive GSE reform. Since then, BPC has done considerable work building bipartisan support for some key elements marking the contours of a future housing finance system.
“The next administration and Congress should build off these efforts to achieve a successful legislative outcome and ensure continued access to stable, affordable mortgage credit. BPC stands ready to help with this critical effort.”