As part of an effort to reorganize federal agencies in a way to make them more efficient and accountable, President Donald Trump’s administration is proposing to end the conservatorship of the government-sponsored enterprises (GSEs) and allow other privately owned entities to enter the secondary market to increase competition.
The proposal has elicited responses from trade associations representing mortgage bankers and credit unions, noting their hopes for what can be done to improve on the current guarantor structure.
Learn more details about how the plan would impact the housing finance system and what the industry is saying about it.