In discussing the future roles of Fannie Mae and Freddie Mac in multifamily housing finance, HousingWire tells us the Mortgage Bankers Association (MBA), in a White Paper, outlined a method for government to attract large private capital. New policies need to be enacted that provide a stability and insurance backstop as the governmental role, and attract private capital as the primary source of funding for multifamily housing. Risk-based premiums would fund the program, as they are paid by those who securitize the loans. As MHProNews has learned, the White Paper asks for ensured access to liquidity in all market conditions, and says MBA will work “with a host of stakeholders and industry groups to advance policy proposals that support a vibrant and balanced housing finance system.”

(Photo credit: HousingWire)