GSE Reform

Mark Calabria: Fannie Mae and Freddie Mac will increase focus on exiting conservatorship 

In a keynote speech at the Mortgage Bankers Association’s Annual convention in Austin, Texas, Federal Housing Finance Agency Director Mark Calabria explained the agency is preparing to help Fannie Mae and Freddie Mac exit conservatorship. But in order to exit conservatorship, the mortgage giants will need to begin to build capital.